Displaying items by tag: westpac

Federated Farmers adverse effects spokeswoman Katie Milne says she is amazed that Westpac economists believe the drought may have no effect on the economy because of rising dairy prices.

Total milk production could drop for the first time in five years, according to Westpac's most recent forecasts.

Westpac economists are forecasting global dairy and beef prices to rise on the back of drought in the US and elsewhere.

AN EXTENSIVE trial run by DairyNZ to find the dairy cows which are the most efficient converters of feed to milk is progressing well.

EXPORT COMMODITY prices, already down 9% on a mid-2011 peak, are tipped to slip further in the coming months as Europe deteriorates and Asian growth slows, says Westpac's latest economic outlook report.