From the Farm: Will dairy land values follow milk prices down?

Thu, 04 Jun 2015

By Fiona Rotherham June 4 (BusinessDesk) - I’d love to be a fly on the wall when various banks and industry organisation Dairy NZ meet at the National Fieldays next week for an informal chat on low dairy prices, high dairy farm debt, and how to handle the problem. How hard-nosed will the banks be? It’s a chance for a low-key discussion on what help can be given to heavily indebted farmers, in particular, who face a second season of low milk prices and are struggling to make ends meet. The Reserve Bank recently expressed concerns over t...

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