New Zealand: Low Farmgate Milk Prices Causing Financial Hardship for Farmers

  |   Attaché Report (GAIN)

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Office of Agricultural Affairs, Canberra   |   (011-61-2) 6214 5854

Dairy commodity prices for New Zealand's major dairy exports have dropped 57% since February 2014. New Zealand dairy farmers are into the second year of very low farmgate milk prices now estimated at being 52% down from the peak milk price in 2014. The end to this price trough still looks to be some way off. Some commentators are saying it will be well into 2017 before commodity prices recover.

New Zealand: Low Farmgate Milk Prices Causing Financial Hardship for Farmers

East Asia and the Pacific, New Zealand

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