New Zealand: Dairy and Products Semi-annual

  |   Attaché Report (GAIN)

Dairy Farmers are now in the second year of below breakeven farmgate milk prices and have cut the national dairy cow herd number over the last eighteen months by five percent to 4.9 million head. Milk supply which is now forecast at 20.9 million metric tons for 2016 is down 4.5% from the peak in 2014. 

New Zealand: Dairy and Products Semi-annual

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