Originally Posted by winner69 Don’t forget about El Niño ….last real powerful El Niño was 1997/98 …the 2015/16 was a relatively mild event NZD went below USD40 cents following that 97/98 El Niño I'm not sure if you are having a laugh or being serious? Nothing to do with the Asian Financial Crisis at the time then? Mind you I have seen predictions of droughts for this summer which certainly won't make it any easier on the Dairy farmers if that does eventuate.
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