date:Apr 29, 2016
group, reported that all milk production in the country was down 1.7% year on year.
Tobin Gorey, at Commonwealth Bank of Australia, said the drop was still less than we would like to see, but a fall nonetheless.
Milk production stabilises
The rate of milk production growth in the European Union has stabilized, while easing in the other major exporting countries, Fonterra said.
Production in the EU was up 5% in January, Fonterra said, but the European Union has forecast production up by just