Dairy farmers are being urged to pay down debt, while they're in a good position to do so
Dairy farmers are being urged to pay down debt, while they're in a good position to do so
18 March 2025
Fonterra's already forecasting a midpoint of 10-dollars this season.
Industry organisation Dairy NZ expects the situation to continue -- forecasting a payout above 10-dollars next season.
DairyNZ Head of Economics Mark Storey says it's a good chance to clear debt, while payouts are rising and interest rates are falling.
He says farmers have been making repayments in the last few seasons, and they should continue to do so.
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