Displaying items by tag: Doug Steel

Wednesday, 22 April 2020 11:55

Ag exports a ‘Godsend’

Primary product prices will fall further this year but remain at reasonable levels before some improvement in 2021, according to BNZ senior economist Doug Steel.

Published in General News
Tuesday, 21 April 2020 09:55

Virus fails to infect $7-plus payout

Take the win but don’t bet the farm on it lasting.

Published in General News
Tuesday, 10 December 2019 09:54

Fat prices drag GDT index down

Dairy prices were below expectations at last week’s Global Dairy Trade (GDT) auction, largely due to fat prices.

Published in General News
Tuesday, 12 November 2019 08:55

Skim milk no longer poor cousin in GDT

Powders led the way for the 3.7% jump in the Global Dairy Trade last week with economists now looking at an upside to current milk price forecasts.

Published in General News
Tuesday, 05 November 2019 06:55

Lamb on a roll

Lamb prices hit an all-time high of $8.60/kg early last month.

Published in General News
Wednesday, 11 September 2019 12:55

Farmer confidence lagging, but...

The latest survey of farmer confidence from Federated Farmers does not make pretty reading, says BNZ senior economic Doug Steel.

But it's not all doom and gloom.

Published in General News
Tuesday, 14 May 2019 10:27

Optimism for the new season

The Global Dairy Trade (GDT) price index rose just 0.4% last week, but positive indicators will maintain market optimism for the new season, says BNZ senior economist Doug Steel.

Published in General News
Tuesday, 12 March 2019 10:31

$7-plus payout could be on the cards

The farmgate milk price could possibly rise beyond $7/kgMS in the 2019-20 season.

Published in General News
Thursday, 07 February 2019 09:47

Too many eggs in China's basket?

China's market share of NZ’s primary exports is material and raises the issue of concentration risk, says BNZ rural economist Doug Steel.

Published in General News
Wednesday, 06 February 2019 10:55

Bank picks flat prices for 2019

Global prices for our primary products are likely to be flat this year but prices may rise for some products, says BNZ rural economist Doug Steel.

Published in General News
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