Westpac – El Niño bullet dodged, but low dairy prices for three years
International developments and falling commodity prices keeping farmers awake at night. With special audio feature.
Jason Walls Wed, 10 Feb 2016
Concerns El Niño would be a major economic hindrance this summer have faded but it is still not a good news story for New Zealand’s dairy industry, says Westpac chief economist Dominick Stephens.
“The nation faces at least three years of below-cost returns in the dairy industry,” he says in
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