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flag New Zealand farmers' confidence hits 10-year high amid falling rates and rising incomes.

flag New Zealand farmers' confidence reached a 10-year high in January 2025, with a net positive score of 2%, up from -66% in July 2024. flag This surge is attributed to falling interest rates, rising incomes, and more favorable farming rules. flag The number of profitable farmers doubled to 54%. flag Despite the boost, top concerns include regulation and compliance costs, interest rates, and input costs. flag The government plans to support the primary sector, a major exporter, through reducing red tape and enhancing rural infrastructure.

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