Big bounce in farmer confidence

Optimism looks to be returning to New Zealand’s rural sector, with the latest quarterly Rabobank Rural Confidence Survey recording a significant upswing in sentiment among farmers across all sectors.

The overall net confidence reading rebounded to +three per cent, up from -42 per cent last quarter, and was the first net positive reading since the March 2015 survey.

Full media release attached.

http://img.scoop.co.nz/media/pdfs/1606/Rabobank_Rural_Confidence_Survey_media_release_June_2016.pdf

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