Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 

Farm Input Prices Rise

Farm Expenses Price Index: September 2001 quarter

The Farm Expenses Price Index increased 1.0 per cent in the September 2001 quarter compared with the June 2001 quarter, according to latest figures from Statistics New Zealand. The index is now 7.1 per cent higher than in the September 2000 quarter.

A 3.3 per cent rise in livestock prices contributed significantly to the overall increase in farm expenses in the September 2001 quarter. Livestock prices rose 30.7 per cent between the September 2000 and September 2001 quarters. When livestock prices are excluded, farm expenses rose 0.5 per cent this quarter compared with the previous quarter.

This quarter, price increases for feed, grazing, cultivation and harvesting contributed just over a third of the overall increase in farm expenses. Price increases in the September 2001 quarter were partly offset by a 3.6 per cent fall in the interest rates index.

Brian Pink
Government Statistician
END

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Fletcher Building: Norris Steps Down As Chair After New $486M Loss Provision

Ralph Norris will step down as chairman of Fletcher Building after the company took a further $486 million provision for project losses at its Building + Interiors unit and said 14 of the unit's 73 projects, worth $2.3 billion, are loss-making or 'on watch'. More>>

ALSO:

WWF: Concerns With Suggestion To “Scrap” Fishing Monitoring

“Our Pacific neighbours, like Fiji and the Solomon Islands, are making this work with far less economic resources than New Zealand. There’s no reason the government can’t get this done by October.” More>>

ALSO:

Greenpeace: Genesis’ Plan To Keep Coal Burning Until 2030 Stuns

Genesis Energy had previously promised to turn off its coal-fired units this year, however after a series of closed-door meetings with power companies including Meridian Energy, the deadline was extended. More>>

ALSO:

PM's Science Prizes: The Science That Saved Kiwifruit

Plant & Food Research is proud to be the recipient of this year’s Prime Minister’s Science Prize for its rapid response to the vine-killing kiwifruit disease Psa. More>>

ALSO:

NZ Government: Fund Encourages Lower-Emissions Technology

Businesses are being encouraged to adopt innovative technology that cuts greenhouse gas emissions in a funding round announced by Energy and Resources Minister Megan Woods today. More>>