NZ farmers least pessimistic in 2 years

Wed, 27 Jul 2016

By Tina Morrison July 27 (BusinessDesk) - New Zealand farmer confidence improved to a two-year high heading into the new season, though sentiment remains negative. A net 11.6 percent of farmers expect general economic conditions to worsen over the next 12 months, according to the latest new season Federated Farmers' Farm Confidence July survey. That's an improvement from a net 28.6 percent who were pessimistic in the previous mid-season survey in January, and the best reading since July 2014. While the country's farmers were less pessi...

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