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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: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of transparency by the Crown-owned entity - spurred by its refusal to release information under the OIA about its conduct around Cyclone Gabrielle and the Hawke's Bay flooding.
OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the banking structure massively favours lending to housing, at the expense of the productive sectors, particularly agribusiness.
OPINION: Just as they did in 2016 when Trump beat Clinton, liberals in the media are crying "how did this happen?"
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More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
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OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…
OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…
