New Zealand's current milk season looks good but not record breaking

Thu, 16 May 2019

By Rebecca Howard May 16 (BusinessDesk) - With just over a fortnight to go, the country's current milk season looks to have been a good - but not stellar - year for processors as dry weather at the tail end crimped production. Production was initially very strong on the back of excellent pasture growth. Fonterra Cooperative Group's milk production was running about 5 percent higher season-to-date in January compared to last year. However the country's dominant milk processor now expects total collection will be 0.3 percent higher at...

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