This old mutt notes that millionaire Hollywood producer and advocate for mung bean farming James Cameron is happy to fly…
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.
Sheep farmers are in for another year of solid returns, says ASB’s senior rural economist Nathan Penny.
Economists are still sticking to a 2019/20 season forecast of around $7/kgMS despite the 3.8% drop in the Global Dairy Trade overall price index last week.
Was last week’s 3.4% drop in the Global Dairy Trade overall price index a warning sign or a temporary dip? Economists are divided.
Lamb prices look set to bottom out just below $7/kg as the end of the season nears, according to ASB senior rural economist Nathan Penny.
Conditions are in place for the start of a new dairy price cycle, says ASB senior rural economist, Nathan Penny.
A big reduction in European stocks of skim milk powder (SMP) was behind its whopping 10.3% rise in price at last week’s auction, economists concur.