Rural Wrap

Farmers Well But Cautious

Doug Steel -

The highly cautious tone from the latest Federated Farmers New-Season Farm Confidence Survey should not really surprise anyone. A global pandemic simply demands vigilance from a sector that sells the bulk of its produce into offshore markets. This is even if the sector has done relatively well to date.

Relative Optimism and the NZD

Doug Steel -

Economic developments with implications for NZ’s primary sector continue to come thick and fast. After months of seemingly only downside risks to navigate, there are at least a few things starting to move in the right direction. There may still be a long way to go, with many risks and issues remaining but, as the Chinese proverb says, a journey of a thousand miles begins with a single step.