Andrew Grenfell & Conor McElhinney: It’s not just dairy farmers struggling

Alexander PR In The Media


Andrew Grenfell and Conor McElhinney, partners from McGrathNicol talk about dairy prices.

Dairy prices are down and Fonterra has cut the payout to $3.90/kg, and the media coverage is around struggling farmers, an under-performing co-op and the need for support from banks and the Government. But what about the flow-on effects of low prices on those reliant on the dairy industry?

NZIER has estimated in 2009/10 that $3.6 billion was spent on domestically produced intermediate inputs, such as fertiliser, feed, livestock services and maintenance.

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