Heather du Plessis-Allan Drive •
iHeart

Jamie Mackay: The Country host on inflation and interest rates potentially making farmers struggle to break even - Heather du Plessis-Allan Drive

Heather du Plessis-Allan Drive

Rampant inflation and rising interest rates may create difficult times for dairy farmers in the coming months.

Higher farming costs, fast-rising interest rates, and lower prices mean some farmers could struggle to break even- or wind up in debt.

The Country's Jamie Mackay says the debt servicing has gone up from $0.50/kgMS to $1.20/kgMS, creating extra struggle for dairy farmers.

LISTEN ABOVE

See omnystudio.com/listener for privacy information.

Read more
00:0000:00
Jamie Mackay: The Country host on inflation and interest rates potentially making farmers struggle to break even - Heather du Plessis-Allan Drive