The total number of sheep in New Zealand decreased 0.8 percent (by 199,000 head) to an estimated 25.83 million while beef cattle numbers rose 2.5 percent to 3.98 million, according to Beef + Lamb New Zealand (B+LNZ)’s annual stock number survey. The decline in sheep numbers was across both breeding ewes, down 0.5 percent to […]
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Economic Week – July 2
Rural confidence rises. Strong agricultural commodity prices and a positive outlook for them have driven a third consecutive lift in New Zealand farmer confidence, according to Rabobank’s latest Rural Confidence Survey. After 10 consecutive negative surveys, farmer confidence returned to net positive territory in the March 2021 quarter, with more farmers optimistic than pessimistic in […]
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 […]
Feds survey shows farmer confidence has bounced back
Farmer confidence has bounced back to where it was pre-Covid19 but attracting and retaining staff remains a headache, the latest Federated Farmers Farm Confidence Survey shows. Of the nearly 1,100 farmers who completed the Research First survey in the second week of January, a net 5.5% considered current economic conditions to be good. That’s a […]
Farmer bank pressure drops but so do satisfaction rates
Fewer farmers are feeling undue pressure from their bank but satisfaction rates continue to slide, according to the Federated Farmers November Banking Survey. Of the 1,341 farmers who responded to the survey independently run by ResearchFirst, 65.4% said they were satisfied or very satisfied with their bank relationship. That’s down from 68.5% from the Feds’ […]