Agri-Business
A new report has estimated that recent cyclones in New Zealand could cost sheep and beef farmers in the country between NZ$367-422 million.
New Zealand co-op Fonterra will make "appropriate compensation" to farmers forced to dump milk or dry off cows because of Cyclone Gabrielle.
Dairy farmers in some of the worst hit areas of New Zealand following Cyclone Gabrielle have had to dump milk.
New Zealand farmers suffer crop damage, livestock losses, and disruption following Cyclone Gabrielle as a state of emergency is declared.
Cyclone Gabrielle has caused "significant disruption to farmers and rural communities" in New Zealand, according to political leaders.
