NZ Dairy Growth Set for Sharp Slowdown

Posted by Brian Gould Fri, 21 May 2010 15:26:00 GMT

New Zealand’s milk production has grown by an average of 4.6% a year over the past two decades, lifted by productivity improvements and doubling to 4.4m head in the country’s cow herd. However, analysts believe the growth rate will slow to 2-3% in the “near-to-medium term”, curbed by financial and regulatory hurdles, the US Department of Agriculture’s Wellington bureau said in a report. For the full story click here.