Lower dairy output expectations may be ‘overcooked’
Westpac raises forecast milk price to $5.30/kg
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The predicted drop in milk production may be too pessimistic given rising dairy prices, says one economist.
This follows what has been described as a “dramatic turnaround,” after dairy prices rebounded from record low levels – which bottomed out in August – to increase at four consecutive
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Jason Walls
Wed, 07 Oct 2015
Wed, 07 Oct 2015
© All content copyright NBR. Do not reproduce in any form without permission, even if you have a paid subscription.
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Lower dairy output expectations may be ‘overcooked’
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