date:Sep 26, 2013
previous year.
2013 was a year that tested our resilience, said Wilson. After a superb first six months for both production and performance, our farmer shareholders endured a drought which in some regions was the worst in nearly 70 years.
The extremely dry conditions meant a drop in New Zealand milk production of 9% in the last six months of the season. Overall, New Zealand milk production declined 2% to 1,463 million kgMS for the season to 31 May 2013, which hit our farmers and the business f