The new Government have set out a clear and credible plan to get farming back on track and restore farmer confidence, says Federated Farmers President Wayne Langford. “The last six […]
Economy
Economic Week – October 27
by Nick Clark, National Manager General Policy This will be my final Economic Update. After 19 years I am leaving Federated Farmers. Over the years I have enjoyed providing these […]
Economic Week – October 20
by Nick Clark, National Manager General Policy The election’s (nearly) over, what next for the economic policy? The 2023 General Election has delivered a change in government, with National and […]
Economic Week – October 13
by Nick Clark, National Manager General Policy Fonterra lifts milk price forecast Fonterra has raised its 2023/24 forecast farmgate milk price range to $6.50-$8.00 per kgMS (up from $6.00-$7.50), with […]
Economic Week – October 6
by Nick Clark, National Manager General Policy OCR unchanged The Reserve Bank kept the Official Cash Rate unchanged at 5.50% at this week’s review. This was universally expected. In its […]
Economic Week – September 29
by Nick Clark, National Manager General Policy Exports and imports both down August again saw declines in both exports and imports compared to the same month last year. Statistics NZ’s […]
Economic Week – September 22
by Nick Clark, National Manager General Policy GDP bounces Economic activity increased 0.9% in the June 2023 quarter, according to Statistics NZ’s Gross Domestic Product. This means New Zealand is […]
Economic Week – September 15
by Nick Clark, National Manager General Policy State of government finances revealed On Tuesday Treasury provided the Pre-Election Economic and Fiscal Update (PREFU), its ritual ‘opening of the books’, updating […]
Economic Week – September 8
by Nick Clark, National Manager General Policy Commodity prices weaken again but exchange rate helps The ANZ World Commodity Price Index fell a further 2.9% in August compared to July. […]
Economic Week – September 1
by Nick Clark, National Manager General Policy Ag debt up again Agricultural sector lending increased again in July, according to the Reserve Bank’s monthly Sector Lending Statistics. Agricultural sector lending […]
