Sentences with phrase «dairy sector debt»
Dairy products are New Zealand's largest commodity export and lower global prices are putting pressure on the nation's dairy farmers, weighing on the outlook for economic growth and putting dairy sector debt on the Reserve Bank's radar as a growing risk to financial stability.
http://edairynews.com/
New Zealand's dairy sector debt nearly tripled over the past decade to $ 30.5 billion in 2012 and some farmers will have difficulty servicing their loans in the year ahead, despite the prospect of a higher milk price, the Ministry for Primary Industries said.