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OPINION: A mate of the Hound's reckons Westpac agri economist Nathan Penny is dreaming with his latest reckons about on-farm inflation.
Penny claims current on-farm inflation is now sitting at aroun 13% - down from 15% at the end of last year.
However, this old mutt's mate is not sure what Penny has been smoking, because the Westpac man reckons on-farm inflation will be down to 4% by the end of this year and down to 2% by the end of 2024.
The Hound's mate suggests Penny needs to get out of Westpac's ivory tower on Auckland's Queen Street and out on the farm more often.
He reckons Penny would then find that the chances of on-farm costs falling to 4% by Christmas this year are about as likely as Westpac offering 3% mortgage rates at the same time!
OPINION: Henry Dimbleby, author of the UK's Food Strategy, recently told the BBC: "Meat production is about 85% of our current farming use so we can afford to pull that back a bit in order to restore nature... in order to get clean energy. That is not a major sacrifice."
OPINION: For the last few weeks, we've witnessed a parade of complaints about New Zealand's school lunch program: 'It's arriving late.' 'The portions are wrong.' 'I wanted caviar.'
OPINION: You must feel a bit sorry for poor old Christopher Luxon.
OPINION: As Jim Bolger once said, "Bugger the polls!"
OPINION: Ruth Richardson, architect of the 1991 ‘Mother of all Budgets’ and the economic reforms dubbed ‘Ruthanasia’, added her two cents to the Treaty Principles Bill with a submission that essentially says it’s time to “have the sovereign authority” define the principles of the Treaty “by design” rather than continue to let them be defined “by accident” by unaccountable institutions like activists in the Courts, the Waitangi Tribunal and officialdom.
OPINION: Federated Farmers' latest farmer confidence survey results won’t surprise too many people.
The cost of producing milk in New Zealand continues to compare favourably with other exporting regions despite a lift in production costs over the past five years.
DairyNZ says potential benefits from gene technology must be carefully weighed against the risks of such technology.
Pleased, but cautious. That’s how PGG Wrightson chief executive Stephen Guerin says he’s feeling about the rural retailer’s latest financial result.
Commodity prices and interest rates play a huge role in shaping farmer confidence, but these factors are beyond their control, says Federated Farmers dairy chair Richard McIntyre.
DairyNZ is supporting a proposed new learning model for apprenticeships and traineeships that would see training, education, and pastoral care delivered together to provide the best chance of success.
OPINION: Henry Dimbleby, author of the UK's Food Strategy, recently told the BBC: "Meat production is about 85% of our…
OPINION: For the last few weeks, we've witnessed a parade of complaints about New Zealand's school lunch program: 'It's arriving…
