Dairy income is set to skyrocket over the subsequent year, earning the nation an additional $2.3 billion.

On the other hand, at the same time the disbursement to farmers is projected to slip, from this year's $6.10 a kilogram to $5.60.

The forecasts come from the Agriculture and Forestry Ministry's most recent circumstances and outlook report, which take a look at the trading projection for the next five years.

The ministry is in general optimistic, forecasting advanced returns from dairy, beef, lamb, wool, kiwifruit and forestry.

It hopes milk production to jump up by 14% over the approaching year as farmers pull through from drought phase and to go on mounting as dairy conversions persist on taking place.

Dairy incomes are tipped to take a leap from just under $10 billion in the current year to no less than $12b next year and to be at $15.6b by 2014. After the payout's plunge over the subsequent two years it is predicted to mount at $7.21 in 2014.

Ministry Head, Murray Sherwin said a striking development in trade with China had assisted New Zealand to fight the global depression. Earnings from chief product exports to China increased by 49% to $2.19b in 2009, with dairy and forestry as the big contributors.