Mark Storey: Dairy NZ Head of Economics on the improving conditions for the sector

Early Edition with Ryan Bridge

Contenu fourni par NZME and Newstalk ZB. Tout le contenu du podcast, y compris les épisodes, les graphiques et les descriptions de podcast, est téléchargé et fourni directement par NZME and Newstalk ZB ou son partenaire de plateforme de podcast. Si vous pensez que quelqu'un utilise votre œuvre protégée sans votre autorisation, vous pouvez suivre le processus décrit ici https://fr.player.fm/legal.

2d ago 3:17

MP3•Maison d'episode

More profit appears to be on the horizon for dairy farmers, with conditions faring better than expected.

Dairy NZ's lifted its revenue forecast to $8.84 per kilogram of milk solids, with a break even of $8.09.

Head of Economics Mark Storey says the combination of improved farmgate milk prices and declining interest rates show a healthier situation for the sector.

But he says the costs of electricity, feed, and maintenance have kept driving farm working expenses up.

He says overall expenses are staying stubbornly high, so the inflation hasn't come out of the system just yet.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

3140 episodes

#New Zealand Current Affairs #NZME #Newstalk ZB #News #New Zealand