Bad numbers temper good

Food exports up, but at what cost to farmers?


  Added 2 years ago

Bad numbers temper good

MPI’s latest Situation Outlook for Primary Industries, issued late last year, projects a record $55 billion in food and fibre export returns by June next year. But …

At the same time, farm expenses have also climbed dramatically: overall, up 15% Sep 2022 over 2021; fuel up 53%; fertiliser up 37%; weed and pest control up 21%; debt servicing up 34%. Meantime a year-end survey by Federated Farmers placed the average farm overdraft at $328,000 with an interest rate of 8.59%.


Join the conversation

Be the first to leave a comment.

Leave a comment

All comments are reviewed before they are published on the website. Your email address will not be published.

Fill out my online form.
Carbon Positive Trial Update - October 2024
Carbon Positive Trial Update - October 2024
Added 3 days ago
Organic Hawkes Bay Blueberries an example of both intensive and sustainable production
Organic Hawkes Bay Blueberries an example of both intensive and sustainable production
Added 5 days ago
New Zealand’s First Earthworm eDNA Soil Test - A Breakthrough in Agricultural Applications
New Zealand’s First Earthworm eDNA Soil Test - A Breakthrough in Agricultural Applications
Added 5 days ago
Did you know that one-third of global greenhouse gas emissions comes from food production?
Did you know that one-third of global greenhouse gas emissions comes from food production?
Added 7 days ago
New Zealand Agriculture & Climate Change Conference 2024
New Zealand Agriculture & Climate Change Conference 2024
Added 2 weeks ago
POPLAR SILVOPASTORALISM - OVERTIME FOR A NEW APPROACH
POPLAR SILVOPASTORALISM - OVERTIME FOR A NEW APPROACH
Added 3 weeks ago