New Zealand farmer confidence dropped in the final quarter of the year, and has tumbled 41 per cent in the past six months, mainly on concerns the coalition government will enact policies that constrain the rural sector.
Rabobank's GM for Country Banking Hayley Moynihan spoke to Jamie Mackay about the latest survey and gives an overview of what it means for agribusiness in New Zealand.
It's not all bad news says Hayley as lamb and beef prices are looking good which is reflected in sheep and beef farmers' confidence holding.
Also in today's interview: Hayley ponders the upcoming GDT auction and how long she thinks lamb prices can hold up for.
Read more: Farmer confidence drops 41 per cent
