Date: February, 2006
Abstract: New Zealand agriculture faces a testing year in 2006, with the accumulated impact of a high New Zealand dollar, higher interest rates and higher farm input costs biting into farm returns. While demand appears to have peaked in a number of key sectors, such as dairy, beef, lamb and wine, the overall demand outlook in these industries remains positive, and New Zealand’s competitive position remains strong. Further, there is some expectation that the “double whammy” pattern of ris...
Research Type: Australia/New Zealand Global Focus