Remembering Bolger
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There are signs that the Chinese economy is rebounding after Covid-19, but dairy farmers may need to wait a little longer to reap the full benefits from their biggest market.
New Zealand's second largest milk processor has lowered its milk price forecast following a prolonged decline in global dairy prices.
China's economy could determine how milk prices trend this year, says NZX dairy insights manager Stuart Davison.
The Meat Industry Association (MIA) says it is closely monitoring the economic situation in New Zealand’s major export meat market, China.
China's sway over what New Zealand dairy farmers get paid for their milk has been on display this year.
Agriculture Minister Damien O'Connor recently spoke at the China Business Summit in Auckland. The following is an excerpt from that speech.
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