19 minutes ago
Calves at a dairy farm in Darfield in early spring.
An agricultural economist believes several strong dairy seasons should buffer most farmers from the stubbornly high costs of farm inputs, resulting from ongoing war in the Persian Gulf.
A chokehold on key Middle East exports through the closed Strait of Hormuz, particularly energy and fertiliser, resulted in high prices for New Zealand's export-reliant farmers.
Now four months into the Strait's closure, economists were forecasting the costs of the closure and its impact on dairy farmers' bottom lines.
