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NZ: Sharp rise in production

The New Zealand dairy sector recorded an unexpectedly sharp rise in production in September. This sudden surge, which resulted in tanker trucks across the country being continuously full, is primarily due to an unusually warm and dry weather period for the season, which created near-perfect grazing conditions. For international milk marketers and analysts, this dramatic turnaround by the world’s leading exporter signals continued volatility in global milk supply and market developments.

 

Photo: Arla Foods

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