Displaying items by tag: Nathan Penny

OPINION: A mate of the Hound's reckons Westpac agri economist Nathan Penny is dreaming with his latest reckons about on-farm inflation.

Some good news on the horizon for dairy farmers.

There are signs that the Chinese economy is rebounding after Covid-19, but dairy farmers may need to wait a little longer to reap the full benefits from their biggest market.

With less than three months left in the 2022-23 season, the window for farmgate milk prices to lift is closing.

Big jumps in butter and cheddar cheese prices reflect Chinese consumers returning to restaurants, cafes and bakeries, says Westpac’s senior agro economist Nathan Penny.

Dairy prices rebounded at last week’s Global Dairy Trade (GDT) auction, after three consecutive drops, raising hopes of better days ahead.

Global Dairy Trade (GDT) auction prices were largely unchanged last week.

Dairy prices have started 2023 on a soft note.

China's sway over what New Zealand dairy farmers get paid for their milk has been on display this year.

Fears of a global recession and questions over global demand for milk products are pushing dairy prices down.