Displaying items by tag: BNZ

Tuesday, 20 October 2020 05:55

Payout lifts

The forecast milk payout for this season has gone up by 40c and Fonterra farmers can thank Chinese consumers.

Published in General News
Tuesday, 25 August 2020 09:17

Farmers worried about ‘economic situation’

Farmers remain cautious and even wary – despite the sector having done reasonably well during the COVID-19 pandemic – according to the latest rural report from the BNZ.

Published in General News

While most of New Zealand’s economy has taken a hit in the wake of Covid-19, the country’s primary sector has had a resurgence of confidence.

Published in General News
Wednesday, 22 April 2020 11:55

Ag exports a ‘Godsend’

Primary product prices will fall further this year but remain at reasonable levels before some improvement in 2021, according to BNZ senior economist Doug Steel.

Published in General News
Tuesday, 21 April 2020 09:55

Virus fails to infect $7-plus payout

Take the win but don’t bet the farm on it lasting.

Published in General News
Tuesday, 10 December 2019 09:54

Fat prices drag GDT index down

Dairy prices were below expectations at last week’s Global Dairy Trade (GDT) auction, largely due to fat prices.

Published in General News
Tuesday, 26 November 2019 07:55

Milk price rises, volatility eases

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.

Published in General News
Tuesday, 12 November 2019 08:55

Skim milk no longer poor cousin in GDT

Powders led the way for the 3.7% jump in the Global Dairy Trade last week with economists now looking at an upside to current milk price forecasts.

Published in General News
Tuesday, 05 November 2019 06:55

Lamb on a roll

Lamb prices hit an all-time high of $8.60/kg early last month.

Published in General News
Wednesday, 11 September 2019 12:55

Farmer confidence lagging, but...

The latest survey of farmer confidence from Federated Farmers does not make pretty reading, says BNZ senior economic Doug Steel.

But it's not all doom and gloom.

Published in General News
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