Date: February, 2007
Abstract: New Zealand agriculture enters 2007 faced with the same challenges that dominated 2006. Input costs have persistently moved upward, interest rates are still high and the lower New Zealand dollar mid-year proved to be short-lived. While global market conditions are favorable for many key commodities, supporting high United States (US) dollar commodity prices, the strength of the New Zealand dollar has constrained growth in local farm gate prices. With interest rate and currency relief unlikely to...
Research Type: Australia/New Zealand Global Focus