Agriculture Minister Barnaby Joyce has announced a package of concessional loans and facilitation of access to assistance for the beleaguered dairy industry.
James Lockhart, Te Kunenga ki Pūrehuroa – Massey University; Danny Donaghy, Te Kunenga ki Pūrehuroa – Massey University, and Hamish Gow, Te Kunenga ki Pūrehuroa – Massey University
Two of the largest dairy cooperatives have been playing with farmers by pursuing a high price for milk when both should have taken into account fluctuations in the global dairy markets.
James Lockhart, Te Kunenga ki Pūrehuroa – Massey University; Danny Donaghy, Te Kunenga ki Pūrehuroa – Massey University, and Hamish Gow, Te Kunenga ki Pūrehuroa – Massey University
Cooperatives like Murray Goulburn and Fonterra and dairy farmers need to accept that lower milk prices will be the new normal in a more competitive global market.