NZ Milksolids Down 2.6% In April

NZ Milksolids Down 2.6% In April

Milk output fell 2.6% YOY in April on a solids basis, taking seasonal output 0.8% ahead of the prior year. Production fell 1% on a volume basis, tracking 0.5% behind the prior year according to Dairy Companies Association of New Zealand update . NZX reports production...
Consumer confidence falls

Consumer confidence falls

The Westpac-Melbourne Institute Consumer Sentiment index reversed its prior gain, falling 2.6% to 79.9 in November, returning to “deeply pessimistic levels”. The Reserve Bank’ November interest rate hike has renewed pressures on household finances, reigniting cost of...
Rabobank projects $8.50 – $9.00kgMS in 2023/24

Dwindling water warning

Research from Michigan State University (MSU) highlights an urgent need for mitigation to avoid water storage declines and increased droughts particularly in Australia and South Africa. Researchers say there is a pressing need for water resource management and...