Poll result: Receivers at the farmgate? Readers seem to think so
Over half of NBR ONLINE poll respondents say banks will be “very nervous” about dairy farm debt.
Jamie Ball Fri, 01 May 2015
Over half of NBR ONLINE poll respondents say banks will be “very nervous” about dairy farm debt in light of a dropping milk payout, in what has been a season to forget for New Zealand dairy farmers.
Yesterday Fonterra [NZX: FCG] announced its reduced forecast farmgate milk price from $4.70 a kg/MS