High dairy debt may curb ability to meet challenges ahead - MPI

Mon, 16 Dec 2019

The number of New Zealand dairy farms experiencing financial distress is increasing and high debt levels may threaten their ability to meet environmental and regulatory challenges ahead, the Ministry for Primary Industries warned. “Financial pressures associated with this highly indebted sector may constrain the ability of financially vulnerable farms to invest and adapt to the changes associated with increased environmental and other regulatory requirements on the sector over the longer term,” MPI said in its latest situation and outlook...

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