date:Aug 06, 2015
price, coupled with a slide in other commodity prices paint a grim picture for the agricultural sector, and with the prospect of a severe El Nio event this summer, the New Zealand economy in this sector is set for an increasingly difficult period, said Stuart Ive, private client adviser at New Zealand trading firm OM Financial.
The Reserve Bank of New Zealand, the countrys central bank, has flagged the dairy sector as a major risk to financial stability.
Dairy prices have suffered because of w