This is my final economic commentary for 2022, a year which has been challenging – to put it mildly. We have grappled with the ongoing effects of Covid-19 at home […]
dairy prices
Economic Week - September 10
Commodity prices slip. The ANZ Commodity Price Index was down again in August but it’s still well ahead of the same time last year and remains near its record high […]
Economic Week - August 6
Have commodities peaked? Having posted record highs in recent months, commodity prices slipped in July. The ANZ World Commodity Price Index was down 1.4% compared to June. Dairy was the […]
Economic Week - July 23
GDT down again. Dairy prices slipped again at this week’s Global Dairy Trade auction, its seventh consecutive fall stretching back three over three months. Overall, the GDT Price Index was […]
Economic Week - June 18
GDP surprisingly strong….will rates rise sooner? Despite continued border restrictions keeping out international tourists and despite Auckland being in alert level 3 lockdown for 10 days, March quarter’s Gross Domestic […]
Economic Week - May 21
Budget 2021. The big economic news for the week was, of course, the Budget. For my account of Budget 2021 and what it means for farming click here. For the […]
Fonterra lifts farmgate price, food prices down
by Nick Clark, Federated Farmers Manager General Policy Fonterra lifts payout forecast Fonterra has lifted its farmgate milk price forecast for the current 2020/21 season to a range of $7.30-$7.90 […]
GDT surges, commodities up, exports down
by Nick Clark, Federated Farmers Manager General Policy GDT surges Dairy prices leapt at this week’s Global Dairy Trade auction, up a whopping 15.0% at this week’s auction. Whole milk […]
Dairy Industry Opportunities with a Guarantee
By chair of the Sharemilker Farm Owners’ Section, John Numan The Sharemilker farm owners’ section of Federated Farmers and the Sharemilkers’ section frequently review the Federated Farmers employment contracts used […]
Economic Week - February 19
by Nick Clark, Federated Farmers Manager General Policy Seven in a row Continued strong demand from China saw dairy prices increase again in this week’s Global Dairy Trade auction. The […]