Rural News
NZ banks, Fonterra and farmers 'caught short' by Europe's increased dairy production, BNZ boss Anthony Healy says
6th May 16, 10:27am
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3 Comments
Is it that easy to miss global malinvestment creep while one is exercising the same by encouraging dairy farmers to capitalise interest costs by piling debt upon existing debt, so long as the Chinese were permitted to serially rehypothecate warehouse WMP for cash? Did they (banks etc) think no one else would catch on to a potential white gold rush while the South Island remains littered with old gold mining shanty towns posing as tourist attractions?
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Andrewj
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7th May 16, 9:08am
CoBank: US Dairy Producers Bolster Margins through Genetics
http://www.thecattlesite.com/news/49618/cobank-us-dairy-producers-bolst…
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