Landcorp rejects suggestion low dairy prices will prompt Wairakei review

Sat, 15 Aug 2015

By Tina Morrison Aug. 16 (BusinessDesk) - Landcorp Farming has rejected a suggestion by Finance Minister Bill English that low dairy prices could prompt the state-owned farmer to scale back its dairy conversion on the 26,000 hectare Wairakei Estate north of Taupo, which is forecast to become the biggest milk producer in the southern hemisphere. English told TV3's 'The Nation' programme yesterday that Landcorp is having a "good hard look" at its massive dairy conversion in the wake of a plunge in dairy prices and it was "a bit uncomfortabl...

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