Fewer NZ farmers feeling pessimistic, says Rabobank

Thu, 23 Mar 2017

By Rebecca Howard March 23 (BusinessDesk) - Net confidence edged up in the latest Rabobank confidence survey of New Zealand farmers, with growing optimism in the horticulture, beef and sheep sectors. The first quarterly survey of the year showed that net farmer confidence rose to 27 percent versus 25 percent in the December survey. While the survey found the number of New Zealand farmers expecting the rural economy to improve in the year ahead fell to 34 percent versus 39 percent in the prior survey, those expecting conditions to wors...

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