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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 …
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This study estimates the impact of excess precipitation (or the absence of rainfall) on productivity of agricultural land parcels in New Zealand. This type of post-disaster damage assessments aims to allow for quantification of disaster damage when on-the-ground assessment of damage is too...
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