NZ dairy faces real test of competitiveness over next 5 years: Bill English

By Fiona Rotherham
May 17 (BusinessDesk) - Finance Minister Bill English has warned the next five years will be the real test for how competitive the dairy industry is on the global market.
There have been long-running discussions within the industry about where New Zealand sits on the international cost curve and other dairy industries are now adopting practises that make them fairly competitive, he told the Dairy NZ Farmers’ Forum in the Waikato.
Once global milk prices start to rise again farmers will get a clear picture of the cos...
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