Thursday 9 February 2012

Article regarding New Zealand's dairy exports.

The dairy industry has been a star performer for decades, but the time has come for others in the New Zealand family of commodities to share the limelight. APNZ business reporter Jamie Gray looks at some of the primary industries that didn't make the headlines.
It's been another great year for dairy, but several other commodities aren't doing so badly either.
To have New Zealand's commodities prices moving in the same direction is rare, but sheep meat, beef, wool and log prices have all done well over 2011.
Statistics New Zealand data shows that in 2011, New Zealand's dairy herd exceeded 6 million head of cattle for the first time.
The herd has doubled in size since 1982. In that year, dairy exports of milk powder, butter, cheese, and casein represented 19 per cent of merchandise exports.
Today the proportion is 27 per cent, so dairy remains the undisputed king of the New Zealand export industry.

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