Sentences with phrase «zealand dairy production»
The prices have also been pushed northwards by a 3 per cent dip in New Zealand dairy production, which accounts for 23 per cent of the global cheese exports.
https://www.dairyreporter.com/ Not exact matches
Australia and New Zealand reformed dairy controls in the 1980s and 1990s, a policy that produced greater production efficiencies and major increases in exports.
[53][102] The disparity between production and demand, is leading to a two - tier organic food industry, typified by significant and growing imports of primary organic products such as dairy and beef from Australia, Europe, New Zealand and the United States.
New Zealand, the world's largest dairy exporter, saw production fall 1.6 % in the year to May 31, while production in Australian fell 2.0 % in the year to June 30.
It has attributed the dairy price increase to the «hot, dry weather» currently being experience in Oceania — more specifically New Zealand, where the drought has led to a steep fall in milk production in the country.
Over the same period, New Zealand's share of global dairy trade has risen from 30 per cent to 37 per cent while milk production has grown from 13.6 billion litres to 19.1 billion litres.
New Zealand dairy giant Fonterra has maintained its milk production forecast for the 2015/16 season, but has signaled it may decline later.
From being roughly comparable in 2000, New Zealand's dairy production is now about double that of Australia's with a much lower cost structure and much greater consolidation of farms.
Fonterra chief financial officer Lukas Paravicini says Australia can overcome its trend of declining milk production to take its place beside New Zealand as a major dairy exporter and reap the benefits of Asia's food boom.