NZ farmer confidence falls to weakest level in 6 years due to government policies

Wed, 01 Aug 2018

By Tina Morrison Aug. 1 (BusinessDesk) - New Zealand farmer confidence has fallen to the lowest level in six years amid uncertainty over government policies. A net 39 percent of farmers surveyed were pessimistic about general economic conditions over the next 12 months, a deterioration from a net 34 percent who were pessimistic six months ago, and a net 16 percent who were optimistic a year ago, according to the latest Federated Farmers July Farm Confidence Survey. The latest reading is the lowest level of confidence recorded in the surve...

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