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

 

Mycoplasma bovis leaves farmer confidence in the balance

Concerns over Mycoplasma bovis leave farmer confidence in the balance

Concerns about the impact of Mycoplasma bovis disease on the country’s agricultural sector have seen New Zealand farmer confidence decline over the past quarter, the latest Rabobank Rural Confidence Survey has shown.

While farmer confidence remains at net positive levels, the overall reading dropped to +two per cent in the latest quarter, from +15 per cent in the previous survey.

The latest survey – completed last month – found the number of farmers expecting the rural economy to improve in the next 12 months had fallen slightly to 26 per cent (from 27 per cent last quarter), while the number expecting the rural economy to worsen rose to 24 per cent (from 12 per cent). A total of 46 per cent were expecting similar conditions (down from 59 per cent).


http://img.scoop.co.nz/media/pdfs/1807/Rabobank_Rural_Confidence_Survey_media_release_Q2_2018.pdf

ends

© Scoop Media

 
 
 
Business Headlines | Sci-Tech Headlines

 

Reserve Bank: Official Cash Rate Unchanged At 1 Percent

The Monetary Policy Committee has decided to keep the Official Cash Rate (OCR) at 1.0 percent. Employment remains around its maximum sustainable level while inflation remains below the 2 percent target mid-point but within our target range... More>>

ALSO:

Food Prices: Avocados At Lowest Price In Almost Three Years

Avocados are at their cheapest average price since February 2017, with tomato, lettuce, and cucumber prices also falling, Stats NZ said today. More>>

Auckland Port Move: Cabinet Ministers Deliberate On Report

Cabinet ministers now have a copy of a report urging the government to move the Auckland port up north, but say no final decisions have been made. More>>

ALSO:

Toxicology Tests Planned: Dead Rats Washed Up On Beaches

As many as 600 rats washed up on Westport's North Beach over the weekend to the horror of locals. DOC said they may have been killed by a recent 1080 poison drop 140km away and washed down the Buller River after heavy rain battered the coast. More>>

ALSO: