Agsafe Weekly Rural Report

 

Finance:  The NZ dollar remained steady against the major trading currencies which is good news for the exporters.    Brent Crude is down on last week to $US85.05/barrel.  We are still waiting for the petrol wars!!.

Wool:  Wool prices remain in the doldrums. There is a lot of talk but nothing happens!!

Beef, Sheep & Venison schedules: the schedules are mostly up across all categories of sheep and cattle however the lamb prices are still a disaster!!

Dairy Prices  The previous weeks g/DT knocked a little of the confidence out of the dairy farmers, but they are still anticipating a payout from last season of at least $8/kg ms and around $8.50 for the current season.  Have you all done your Co-Op Difference?