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