Dairy NZ warns farmers to repay debt accumulated during last three seasons rather than going on a spending spree.
"What I'd like to know is how much of this bonanza for the worthy farmers has been screwed out of the Kiwi customers for milk, butter, yoghurt and cheese -- amongst the very highest in the western economies????"
Low staff turnover does not indicate an investment house that regularly beats the market through skill rather than luck.
"The last decade of returns on investment in stockmarkets have been more to do with the printing of money that central banks have been up to. It has to park itself somewhere. Just how long this ponzi scheme can keep going is the big question"