Dairy production to ‘fall heavily’ this season
Analysts increase the season's milk price forecast as production is poised to continue falling.
ASB Bank rural economist Nathan Penny talks about dairy prices on NBR Radio and on demand on MyNBR Radio.
Jason Walls
Wed, 16 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
Rural analysts have increased their milk price forecasts on the expectation there will be less milk produced this season.
ASB rural economist Nathan Penny says dairy production is poised to “fall heavily” and he expects a 5% drop from last season.
He says spring growing conditions have been weak
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Jason Walls
Wed, 16 Sep 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.