Fonterra says milk supply across the country for May was down almost 32 percent on last season.
It reflects lower cow numbers milking through to the end of the season compared with last year.
The dairy giant says New Zealand sourced milk supplied for the 2012/13 season ending May was two percent lower.
Fonterra says it’s due mainly to the drought which significantly impacted milk production from March to May in many parts of the country.
But with recent improvement in climatic conditions, Fonterra is forecasting a two percent growth in milk volume for the 2013/14 season.
Source: News Talk ZB