NZ farmer confidence drops on concern about Mycoplasma bovis: Rabobank survey

Thu, 05 Jul 2018

By Margreet Dietz July 5 (BusinessDesk) - New Zealand farmer confidence slid in the past quarter amid concern about the impact of Mycoplasma bovis cattle disease on the country’s agricultural sector, with the number of farmers expecting conditions to improve now only just outweighing those expecting them to worsen, according to the latest Rabobank rural confidence survey. "The run of strong commodity prices across virtually all sectors continues to support on-farm profitability and farmer optimism, but, despite the positive broad-based re...

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