![Farmers put off debt repayment as economic pressure tightens](/pf/resources/images/placeholders/placeholder_l.png?d=790)
Farmers put off debt repayment as economic pressure tightens
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
Prices are expected to weaken further at latest Global Dairy Trade auction.
On the path to lower inflation, a few nasty surprises could still trip us up.
Dairy commodity prices have dropped sharply lately, and further weakness is forecast.
It means less tax for the Government and some farmers may not be able to stay in business.
Price is well below what most economists were expecting.
An important global whole milk powder price has gone south.
Serial inventor says Shear Edge offers new hope for strong wool.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
Inflation wars and China slowdown loom large, even as some exports surged.
The government made a similar move with NZ Steel earlier this year
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A former Fonterra director made the complaint to the Financial Markets Authority in 2019.
Fonterra has taken a small stake in US biotech company Pendulum.
They lurk in the shadows & whisper in the ears of company CEOs. They are the spin doctors.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Fonterra says it will be a decade before it will abandon coal altogether.
But the ERA has ruled workers can be forced to give their prints.
The smallest average herd sizes are in Northland, Auckland and Taranaki.
News in brief from across Northland and the surrounds.
Next season's milk price may start with a seven in front of it.
All did not go according to plan and exports were unsuccessful.
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