NZ dairy expansion will hit limits as environmental impact grows, must chase value, Guy says

NZ dairy expansion will hit limits as environmental impact grows, must chase value, Guy says
Tina Morrison
By Tina Morrison April 27 (BusinessDesk) - Primary Industries Minister Nathan Guy says there is a limit to further dairy intensification in New Zealand and growing exports in the future will depend more on increasing the value of products rather than the volume. The number of dairy cattle in New Zealand has surged as farmers were lured by higher prices for dairy products while demand for sheepmeat and wool waned. The latest agricultural statistics for 2016 show New Zealand had 6.5 million dairy cattle, up from just 2.9 million four decade...