Negative cashflows expected for 80% of dairy farmers this season – RBNZ
“This is despite allowing for some reduction in farm working expense, drawings and [lower] interest rates” – Reserve Bank research says.
New research from the Reserve Bank has revealed the extent of cashflow issues for dairy farmers because of the global dairy downturn.
The central bank estimates roughly 80% of those farmers – representing almost 90% of the sectoral debt – will have negative cashflows this season, which may mean
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Jason Walls
Tue, 15 Dec 2015
Tue, 15 Dec 2015
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Negative cashflows expected for 80% of dairy farmers this season – RBNZ
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