Kiwi dairy farmers feeling the pinch are right - their payout is the world's lowest

Tue, 01 Sep 2015

By Fiona Rotherham Sept. 1 (BusinessDesk) - New Zealand dairy farmers bracing for the lowest payout in a decade probably won't welcome the latest analysis of global trends in the industry - their counterparts in every other dairy-producing country are being paid more. An expected uplift in dairy prices in the overnight GlobalDairyTrade auction won’t change the fact Kiwi dairy farmers are the lowliest paid. AgriHQ analysed milk prices from around the world converted to NZ$/kilogram of milk solids to allow valid comparisons, although some d...

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