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Latest From Bob Edlin
Sheep – bit by bit – are encroaching on pastures that have made the Waikato the heart of New Zealand’s dairy industry.
Forecasts in the latest annual review of New Zealand’s dairy industry by Wellington-based economic consultants show milk volumes processed by Fonterra will fall by around 1 billion litres through to 2020.
While New Zealand edges towards ‘peak milk’, there is a national debate over whether processing capacity will outstrip supply as investments in new facilities proliferate.
The future direction of New Zealand dairying – including a controversial ‘water tax – hangs on political talks after the country’s inconclusive election result.