date:Jul 14, 2014
tation May 21. These very, very high prices that weve been experiencing recently will bring supply to the market. This problem will now start to rectify itself.
Weather remains a wildcard. New Zealands most widespread drought in 30 years wilted pastures used to feed the dairy herd and sent the average winning price at Fonterra auctions to a record $5,245 in April 2013. An emerging El Nino weather pattern may bring drier conditions to Australias east and south and drought on New Zealands east co