What the dairy payout means for Taranaki's downstream economy compared to the last three years payouts

Taranaki is known for its strong dairy industry. With many farms and businesses relying on the dairy industry for their livelihood, the annual dairy payout is a key indicator of the region's economic performance.

However, due to heavy reliance on international commodity prices, the dairy sector experiences fluctuations in income from year to year. This can have a significant impact on the downstream economy of Taranaki, affecting everything from local businesses to household incomes.

In our latest blog, we discuss what the current season forecast farm gate milk price means for Taranaki's economy compared to the last three years' payouts. Additionally, we will examine how input costs and interest rate rises have countered current higher levels of dairy payout.

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