Kiwi farmer confidence at historically low levels due to debt, interest rates, and banks, per Federated Farmers' survey of 1,400 farmers.
Farm confidence among Kiwi farmers remains at historically low levels, with debt, interest rates, and banks causing the most concern, according to a recent Federated Farmers' survey of 1,400 dairy, sheep, beef, and arable farmers. Federated Farmers National President, Wayne Langford, said farming families have been struggling due to high interest rates, low commodity prices, and high input costs. Restoring farmer confidence is a top priority for the organization.
July 28, 2024
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