Scoop has an Ethical Paywall
Farmers Will Be Cautious Over False Dairy Price Optimism
Rt Hon Winston Peters
New Zealand First
Leader
Member of Parliament for Northland
22 FEBRUARY
2017
FARMERS WILL BE CAUTIOUS OVER FALSE DAIRY PRICE OPTIMISM
It is sad for New Zealand farmers that the GlobalDairyTrade (GDT) price for Whole Milk Powder has fallen 3.7% to USD3,189 a metric ton, says New Zealand First Leader and Northland MP Rt Hon Winston Peters.
"Any gains from two price increases in late January and early February have been wiped out.
"Historically, the back end of the season tends to see prices slide. Since 20 December the GDT index has fallen 5.7%.
"Farmers have heard enough of the false optimism before, and weathered the sad reality, so they will have learned to be cautious about these Pollyanna-like experts blowing smoke," says Mr Peters.
ENDS
Gordon Campbell: On When Racism Comes Disguised As Anti-racism
NZCTU: Inflation Data Shows Need For A Plan On Climate And Population
Statistics New Zealand: Annual Inflation At 4.0 Percent
Brendon McMahon - Local Democracy Reporter: West Coast Swim Spot Testing Clear Of E-coli
Green Party: Government Throws Coal On The Climate Crisis Fire
Labour Party: Public Transport Costs To Double As National Looks At Unaffordable Roading Project Instead
The Treasury: New Paper On A Framework For Assessing The Economic And Fiscal Impacts Of Climate Change
