Uncertainty over NZ dairy industry's future weighs on primary sector, KPMG survey shows

Tue, 09 Jun 2015

By Fiona Rotherham June 9 (BusinessDesk) - The uncertain future of the dairy industry, seen as a bellwether for New Zealand's primary sector and wider economy, is concerning many sector leaders, according to KPMG’s sixth Agribusiness Agenda survey. KPMG global head of agribusiness Ian Proudfoot said conversations about dairy have changed dramatically from a year ago when milk prices were at an all-time high and people thought price-setting on the international market would be less volatile. “But the market is as volatile as it ever was...

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