[go: up one dir, main page]
IDEAS home Printed from https://ideas.repec.org/a/nzb/nzbbul/dec201508.html
   My bibliography  Save this article

An updated assessment of dairy sector vulnerabilities

Author

Listed:
Abstract
Low global milk prices are placing dairy farmers under significant cash flow pressure. This article investigates the severity of these cash flow pressures, and the potential financial stability implications if the payout remains low for an extended period. Most farmers are estimated to make cash losses in the current season, compounding cash flow pressures experienced in the later part of the 2014-15 season. Despite some farms with high debts facing considerable difficulties, most farms are expected to remain viable over the medium term. Losses for the banking system as a whole are estimated to be manageable even under a severe stress scenario for the dairy sector.

Suggested Citation

  • Ashley Dunstan & Hayden Skilling & Matthew Newman & Zach Mounsey, 2015. "An updated assessment of dairy sector vulnerabilities," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 78, pages 1-14, December.
    • Handle: RePEc:nzb:nzbbul:dec2015:08
    as

    Download full text from publisher

    File URL: http://www.rbnz.govt.nz/-/media/ReserveBank/Files/Publications/Bulletins/2015/2015dec78-8.pdf
    Download Restriction: no
    ---><---

    References listed on IDEAS

    as
    1. David Hargreaves & Gina Williamson, 2011. "Stress testing New Zealand banks’ dairy portfolios," Reserve Bank of New Zealand Bulletin, Reserve Bank of New Zealand, vol. 74, pages 15-25, June.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Doole, Graeme J. & Romera, Alvaro J. & Leslie, Jennifer E. & Chapman, David F. & Pinxterhuis, Ina (J.B.). & Kemp, Peter D., 2021. "Economic assessment of plantain (Plantago lanceolata) uptake in the New Zealand dairy sector," Agricultural Systems, Elsevier, vol. 187(C).
    2. Perrot, Christophe & Chatellier, Vincent & Gouin, Daniel-Mercier & Richard, Melanie & You, Gerard, 2018. "Le secteur laitier français est-il compétitif face à la concurrence européenne et mondiale ?‪," Économie rurale, French Society of Rural Economics (SFER Société Française d'Economie Rurale), vol. 364(April-Jun).

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.

      More about this item

      Statistics

      Access and download statistics

      Corrections

      All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:nzb:nzbbul:dec2015:08. See general information about how to correct material in RePEc.

      If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

      If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

      If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

      For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Reserve Bank of New Zealand Knowledge Centre (email available below). General contact details of provider: https://edirc.repec.org/data/rbngvnz.html .

      Please note that corrections may take a couple of weeks to filter through the various RePEc services.

      IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.