NZ Dairy Exports to Rebound as Prices Rise, Ministry Forecasts
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New Zealand dairy exports will rebound in the coming year as production picks up and prices rise, the Ministry for Primary Industries said.
Dairy export revenues will grow 8.1 percent to NZ$13.9 billion ($11 billion) in the year through June 2014 after dropping 5.5 percent in the previous 12-month period, the ministry said in its semi-annual forecasts published in Wellington today.