Now that the circus surrounding the Budget’s release has subsided, Milking It makes the following observations about some of its…
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.
The Global Dairy Trade (GDT) price index rose just 0.4% last week, but positive indicators will maintain market optimism for the new season, says BNZ senior economist Doug Steel.
The rural property market is lacking ‘zing’ despite high primary product prices and low interest rates, says BNZ’s agribusiness report Rural Wrap.
Dairy prices extended and quickened their ascent at last week’s GDT auction and were stronger than anticipated, says BNZ senior economist Doug Steel.
China's market share of NZ’s primary exports is material and raises the issue of concentration risk, says BNZ rural economist Doug Steel.
Global prices for our primary products are likely to be flat this year but prices may rise for some products, says BNZ rural economist Doug Steel.
With production up 6.5% on last year for the peak of the season, a downward adjustment in Fonterra’s milk price will not be surprising, says BNZ senior economic Doug Steel.