Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
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DairyNZ has dropped plans to appeal against an Advertising Standards Authority ruling.
The industry-good body says an appeal would only have increased talk about Greenpeace’s ad and its message.
Greenpeace says it is pleased there will be no appeal.
The Advertising Standards Authority received 12 complaints about the Greenpeace ad, saying it was misleading and put all blame for the country’s polluted waterways on the dairy industry. The authority dismissed the complaints last month.
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