Markets and Trade
AreaNew Zealand
Commodity GroupMilk and dairy products
CommodityDairy products
Date01/09/2018
Policy CategoryProduction
Policy InstrumentProduction support
DescriptionAllocated NZD 7 million (around USD 5 million) to boost dairy industry genetic research, with the objective of increasing milk yield, as the number of dairy cattle has reached 5 million, considered to be the maximum sustainable herd size.