date:Mar 29, 2013
dex is now 26.7 per cent above where it stood in February when the Board issued its last forecast. World dairy trade growth is being led by powders (combined whole milk and skim), reflecting strong demand at a time when global supply is constrained.
Commenting on the co-operatives half year performance, Wilson said: We had excellent spring and early summer growing conditions across most of the country leading to strong growth in New Zealand dairy production and record volumes in the first half.