Friday, October 19, 2018
 New Zealand Dairy Product Export Down in December  

New Zealand dairy product exports took a tumble in the December quarter, with volumes down 15 percent and values for milk powder, butter and cheese exports falling 12 percent, in a downturn from a strong September quarter.

The drop in dairy exports led to an overall 3.3 percent drop in the value of all export in the December quarter, seasonally adjusted. The fall in the last three months of the year almost reversed the gain of 4.4 percent in the September quarter, according to Statistics NZ figures just released.

"Seasonally adjusted dairy exports led the fall in exports in the December 2012 quarter," industry and labor statistics manager Louise Holmes-Oliver said.

"Milk powder, butter, and cheese exports fell 12 percent, with quantities down 15 percent."  However, that was only a partial reversal of the 36 percent lift in dairy volumes in the September quarter, boosted by last season's bumper grass-growing season.

Source: Fairfax NZ News
 


Posted on Tuesday, January 29, 2013 (Archive on Tuesday, February 05, 2013)
Posted by bsutton@adpi.org  Contributed by bsutton@adpi.org
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