NZ farmer confidence hits highest level since early 2018

Wed, 31 Mar 2021

Rabobank’s latest Rural Confidence Survey found net farmer confidence rose sharply to +10%, up from -23% recorded in early December last year. “Rising commodity prices were the key factor cited by farmers now holding an optimistic view of the year ahead, with this no surprise given the strong upward movement in dairy commodity prices we’ve seen since our last survey,” said Rabobank New Zealand chief executive Todd Charteris.More of the country’s farmers are now optimistic than pessimistic about prospects for t...

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