Pourzand, Farnaz; Noy, Ilan; Saglam, Yigit - 2019
current (same fiscal year) drought events have positive impacts on dairy farms’ revenue and profit; this effect is most likely … attributable to drought-induced increases in the price of milk solids (New Zealand is the market maker in this global market). In … general, dairy farmers ‘benefit’ more from drought events when compared to sheep/beef farms, whereas the latter sector has …