The comment stream

Reader poll

Which of these factors is likely to have the biggest impact on our economy over the next 12 months?

Choices

Drought

Farmers urged to plan feed for cows carefully

Care in feed planning decisions important says DairyNZ as the dry conditions bite in some areas, cautioning against drying off too early

To cut or not to cut

Will Graeme Wheeler have to swallow a dead rat and cut the OCR?

Santa delivers farmers the perfect weather present

Summer rains and normal soil moisture levels set up the season for a great rural result; drought index low

Fonterra sees more milk coming

Post peak milk season faces ideal pasture conditions nationwide; milk flows high

Westpac tips $8.30 milk price

Hike in forecast comes due to world milk prices that 'continue to defy gravity'

Terms of trade rise again

Prices up strongly, but drought volumes hold back big export gains in latest trade price data

Fonterra's $3 bln economic lift

Updated
Fonterra lifts forecast milk price by another 30c to $7.80 for 2013-14 season and a total payout of $8.12 to farmers

Fonterra lifts milk forecast to NZ$7.50

Updated
Fonterra lifts milk price forecast for 2013-14 by NZ50c to NZ$7.50; estimated dividend NZ32c per share

Dairy farmers welcome some good news at last

Dairy farmers relieved at Fonterra 2013/14 forecast, but warn the drought problems from this season linger

Lowest since 2008

March milk production fell sharply as the drought bit harder