Falling dairy prices force share-milker's hand
The banks of dairy companies have taken action after the reducing price of milk solids affected their ability to meet debts.
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Hawke’s Bay
Falling milk solid payments have forced an Otago share-milking business to sell up in order to pay off a debt to its lenders, Rabobank.
Last week, dairy prices rose for a third straight time after six months of declines at the GlobalDairyTrade auction.
In the past two months, however, NBR has
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Hamish McNicol
Thu, 24 Sep 2015
Thu, 24 Sep 2015
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Falling dairy prices force share-milker's hand
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