Improved sentiment among sheep and beef farmers drives third consecutive quarterly lift in rural confidence.
Following a big jump in the last quarter of 2024, farmer confidence in the broader agri economy has risen again and the net confidence reading now sits at +44% (from +34%).
Golden run expected to continue for NZ beef pricing
Following a surge in the second half of 2024, the golden run for New Zealand farmgate beef pricing has continued in the early part of 2025. And with US demand for Kiwi beef forecast to stay strong, returns are expected to remain elevated throughout the course of the year, according to a new report by food and agribusiness specialist Rabobank.
