Negative cashflows expected for 80% of dairy farmers this season – RBNZ
“This is despite allowing for some reduction in farm working expense, drawings and [lower] interest rates” – Reserve Bank research says.
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Hawke’s Bay
New research from the Reserve Bank has revealed the extent of cashflow issues for dairy farmers because of the global dairy downturn.
The central bank estimates roughly 80% of those farmers – representing almost 90% of the sectoral debt – will have negative cashflows this season, which may mean
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Jason Walls
Tue, 15 Dec 2015
Tue, 15 Dec 2015
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Negative cashflows expected for 80% of dairy farmers this season – RBNZ
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