NZ farmer confidence rebounds in first quarter, led by dairy farmer optimism

Wed, 25 Mar 2015

By Tina Morrison March 25 (BusinessDesk) - New Zealand farmer confidence rebounded in the first quarter of this year, led by improved optimism among dairy farmers. A net 13 percent of farmers were confident in the outlook for the agricultural economy in the first quarter, from a net 15 percent who were negative about the outlook in the fourth quarter of last year, according to Rabobank's latest rural confidence survey. The total number of farmers expecting the rural economy to improve lifted to 36 percent from 23 percent in the previous s...

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