Dairy slump continues

There’s no sign of recovery for dairy prices with another drop in auction prices overnight.

15 March 2016 auction result:

DairyAuctionMar2016

10 year trends:

DairyAuction10yrtrendMar2016

Tough times continue.

 

 

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11 Comments

  1. Zedd

     /  16th March 2016

    Whats next. every other company that relies on the money generated through the dairy sector ?
    8 long years of ‘Team Key’.. roll on 2017. Old saying; ‘give them enough rope…’ 😦

    Reply
    • Oliver

       /  16th March 2016

      It’s just more evidence that this government doesn’t know what’s doing.

      Reply
      • Alan Wilkinson

         /  16th March 2016

        KDS: JK is responsible for international dairy prices.

        Reply
      • Oliver

         /  16th March 2016

        He responsible for the economy.

        Reply
        • Alan Wilkinson

           /  16th March 2016

          Then congratulate him for doing far better than most countries.

          Reply
          • Zedd

             /  16th March 2016

            @AW

            Doing better at what ?
            I hear that when they came into office, the country was $10bil in debt (under Labour) & now, we are over $60bil & rising.. “yes.. well done !” :/

            Reply
            • Alan Wilkinson

               /  16th March 2016

              Compare with how other countries weathered the GFC and didn’t have to cope with the CHCH earthquake, not with a Labour govt that had neither and enjoyed record export prices. Or just talk Lefty b.s.

            • Zedd

               /  16th March 2016

              Just MORE excuses AW.. all that comes from ‘Team Key’ (nothing new).. its all the fault of : GFC, ChCh quakes OR the previous Labour Govt.

              When are they going to just man-up & admit.. “hey folks.. guess what.. we totally F@cked it up & we take responsibility” instead of trying to constantly pass the buck !. Anyone who actually opens their eyes & minds.. can see the B-S spewed out daily !

              Their only agenda is to keep the 50.1% onside.. Mind the Gap Folks 😦

              ….BUT you can’t fool all the people, all the time…. 😀

            • Alan Wilkinson

               /  16th March 2016

              So Lefty b.s. it is.

              In the real world people look at the facts and circumstances and make sensible decisions. Lefties don’t have to.

            • Zedd

               /  16th March 2016

              @AW

              oh dear.. how sad

            • Alan Wilkinson

               /  16th March 2016

              It’s only sad for you, Zedd. The rest of the world doesn’t care.

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