Can booming tourism offset declining dairy prices in the regions?
Although there is a gloomy outlook for dairy, data suggests tourism may stimulate growth in the regions.
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As dairy prices continue to head south, experts say tourism may be a silver lining for many rural regions.
Yesterday, Fonterra [NZX: FCG] revealed the cut in its forecast farmgate milk price, from $4.15kg/MS to $3.90kg/MS, would knock another $400 million off farmers’ incomes.
This will further
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Jason Walls
Thu, 10 Mar 2016
Thu, 10 Mar 2016
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Can booming tourism offset declining dairy prices in the regions?
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