Displaying items by tag: banks

Readjust, stick with your banks and keep supporting your dairy company; things will come right.

The banking system is robust to a severe dairy stress test.

The Primary Industries Minister needs to stand up for farmers during tough times rather than rolling over for banks.

A member poll by Federated Farmers shows 11.1% of dairy farmers are now under pressure by banks over their mortgages. 

It depends how bad it gets before banks take drastic action against deeply indebted dairy farmers.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

Financial institutions could lead climate change response before science, says Insurance Council of NZ chief executive Tim Grafton.

Westpac wull support its dairy customers to the tune of about $2/kgMS deficit in their cashflow this year, says Mark Steed, head of agribusiness and property.

A farm accountant says he is getting more calls for help from dairy farmers forced to review budgets because of the lower payout.

Milk prices should keep rising given the scenario of falling NZ milk production.