Please let us know Last week it came to our attention that Rangitikei farmer, farming contractor, and Horizons regional councillor Bruce Gordon had been contacted by Rabobank wanting to close his business accounts because he was no longer borrowing from it. Bruce received a letter from the bank in June, saying he had 20 days […]
finance
Economic Week - June 4
Record high for commodity prices. The ANZ Commodity Price Index has had another positive month, with the World Price Index up 1.3% for the month of May and up 24.4% for the year. The Index has risen for eight consecutive months and it has been pushed to a new record high (at least since the […]
Mounting concerns as dry conditions start to bite across Canterbury
The Ministry for Primary Industries (MPI) in collaboration with a number of agricultural industry groups are closely monitoring dry conditions across Canterbury. While North Canterbury (Clarence River to the Rakaia River) is covered by the current large-scale drought classification, there is also significant existing support available for all farmers and growers across wider Canterbury who […]
Economic Week - February 5
A round-up of the week’s economic news by Nick Clark, Federated Farmers Manager General Policy Farmer confidence bounces back The results are out from Federated Farmers’ latest six-monthly Farm Confidence Survey. The survey showed a strong recovery in farmer confidence, albeit off a low base, returning it to levels of a year ago. Key points […]