This should see dairy prices now rise

The Herald reports:

Andrew Little says another bad season for dairy farmers could cause New Zealanders to lose some of the country’s best agricultural land to offshore buyers.

The Labour leader said Fonterra had offered interest-free loans to some struggling farmers.

On the Q&A programme, he said banks had told him they’d help farmers for one tough season, but beyond that there were uncertainties.

“There is a crisis in dairy…we do have some tough times ahead.” He told TV One

Thank you Andrew Little. To date there has been a 94% correlation between Labour claiming something is in crisis, and that industry then recovering strongly. Their manufactured manufacturing crisis has seen record job growth in manufacturing.

So having Labour declare a crisis in dairy, should see world dairy prices rebound.