New Zealand’s National Party Agriculture spokesman David Carter says the country should be concerned at the results of the latest survey of farmer confidence.

The Rabobank/AC Nielsen Rural Confidence Survey showed that farmers in all sectors - sheep, beef, dairy and cropping - are becoming pessimistic about the economy over the next 12 months. 59% of farmers expect lower incomes this year and 77% expect input costs to increase, which would put the squeeze on farm profitability.

Share this story: