Lesson from down under: Do not over-expand

A recent report from New Zealand indicated that many farmers there blamed the introduction if supplementary feeding, in order to improve output per cow, for the precarious financial position that they now find themselves in.

Lesson from down under: Do not over-expand

A recent report from New Zealand indicated that many farmers there blamed the introduction if supplementary feeding, in order to improve output per cow, for the precarious financial position that they now find themselves in.

Bank lending to the dairy sector is €24bn, 10% of total bank lending.

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