Displaying items by tag: ASB

ASB’s chief economist Nick Tuffley says for the remainder of the current parliamentary term, the implications of Prime Minister John Key’s resignation are quite minimal.

Despite the terrible weather, and thanks to marquees still available from the recent Canterbury A&P Show, the Synlait Boys and Girls Agricultural Club Championship Day was held yesterday (Thursday, November 17) at ASB Agricultural Park.

With volatility in the dairy payout, there has never been a more important time to have a clear picture of your farming business’ performance, says Dairy Women’s Network.

With the average age of New Zealand farmers pushing 60, and land values on a steady increase, it’s no surprise succession planning is currently top-of-mind for the agricultural industry.

Chinese national holidays could have affected last week’s Global Dairy Trade auction, in which the overall price index was down 3%, say economists.

The GlobalDairyTrade Event 173 concluded with the GDT Price Index down 3% over night.

Fonterra surprised observers last week by announcing an early upgrade of its milk price; the GlobalDairyTrade (GDT) price index lift of just 1.7% was lower than expected, says ASB’s senior rural economist Nathan Penny.

“A super start to spring” is how Rabobank dairy analyst Emma Higgins describes the third consecutive significant rise on the Global Dairy Trade (GDT) event platform.

Dairy Women’s Network is urging voters to support rural women to represent them as election season hits.

The Global Dairy Trade price index was up 6.6% overnight, with the all-important whole milk powder up 9.9%.