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 …

dryness and drought during different steps of the vegetation period and extreme heat in the blooming period lead to … considerable losses. In total the calculated sum of losses due to dryness, drought and heat are estimated to approximately 40 Mio …