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After 2019’s record highs, farmers should expect less spectacular NZ commodity prices this year, says ASB senior rural economist Nathan Penny.
ASB rural economist Nathan Penny says the bank sees an upside to last week’s milk price forecast from Fonterra.
ASB bumped up its this season milk price forecast by 50c to $7.50/kgMS after last week’s 1.7% rise in the Global Dairy Trade.
Dairy Women's Network (DWN) is partnering with ASB to run NZ-wide workshops aimed at building farmers’ financial confidence.
Lamb prices have cracked the $8/kg mark for the second successive year and things could get even better.
New Zealand beef exports to China are booming, thanks to trade tensions and a disease outbreak in China’s pork industry.
Banks are mainly holding firm on their forecasts of $7/kgMS despite last week’s flat Global Dairy Trade result – a small decline of 0.4% in the overall price index.