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.
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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Jason Walls
Wed, 10 Feb 2016
Wed, 10 Feb 2016
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Westpac – El Niño bullet dodged, but low dairy prices for three years
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