Agsafe Weekly Rural Report
Finance: The NZ dollar was steady over the week finishing marginally ahead of last week. Brent Crude is trading at $US83/barrel!!
Wool: Wool prices remain in the doldrums. There is some optimism as the Napier wool processors reopens!! People are trying!!!
Beef, Sheep & Venison schedules: All meat schedules are steady for the coming week with some minor intercompany changes. Lamb prices are very disappointing and some pundits are predicting further falls.
Dairy Prices: The next g/DT auction is to be held on Tuesday night. It is expected to have a zero or near zero movement which will stabilise the payout and support a decent opening payout for the 2024/25 season which will announced around 29th May..