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Nathan Penny

21st Jul 21, 2:52pm
A further fall in global dairy auction prices - even after Fonterra cut back the amount of product it offered - has got economists questioning whether a $8 price for farmers can be achieved this season
A further fall in global dairy auction prices - even after Fonterra cut back the amount of product it offered - has got economists questioning whether a $8 price for farmers can be achieved this season
21st Jul 21, 2:52pm
26th May 21, 11:00am
Westpac senior agri economist Nathan Penny says Fonterra's reduction of milk price forecast for the current season is 'anticlimactic'
Westpac senior agri economist Nathan Penny says Fonterra's reduction of milk price forecast for the current season is 'anticlimactic'
26th May 21, 11:00am
14th May 21, 10:39am
by Guest
The price lift for global meat prices Westpac expected back in March has come sooner and stronger than expected. With the vaccine rollouts going well, particularly in the US and UK, meat prices will peak higher than previously expected
The price lift for global meat prices Westpac expected back in March has come sooner and stronger than expected. With the vaccine rollouts going well, particularly in the US and UK, meat prices will peak higher than previously expected
14th May 21, 10:39am
21st Apr 21, 3:50pm
Westpac economists see buoyant dairy prices flowing through next season and have hiked their milk price forecast for next year by 75c to $8 per kilogram of milk solids
Westpac economists see buoyant dairy prices flowing through next season and have hiked their milk price forecast for next year by 75c to $8 per kilogram of milk solids
21st Apr 21, 3:50pm
[Updated]
3rd Mar 21, 12:49pm
Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
[Updated]
Westpac economists raise their farmgate milk price forecast to $7.90, while ANZ economists lift their pick to $7.70; both prices are well ahead of Fonterra's own forecast
3rd Mar 21, 12:49pm
19th Feb 21, 12:06pm
by Guest
Rebounding global demand is primed to send global meat prices higher over 2021. Meanwhile, global meat supply will struggle to keep up with demand. The main constraint on farmgate prices this year will be a strengthening NZ dollar
Rebounding global demand is primed to send global meat prices higher over 2021. Meanwhile, global meat supply will struggle to keep up with demand. The main constraint on farmgate prices this year will be a strengthening NZ dollar
19th Feb 21, 12:06pm
20th Jan 21, 3:51pm
Fonterra may have to look at increasing its milk price forecast for farmers as global dairy prices continue to climb
Fonterra may have to look at increasing its milk price forecast for farmers as global dairy prices continue to climb
20th Jan 21, 3:51pm
18th Nov 20, 1:37pm
Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year
Westpac economists have had their first go at picking the milk price for farmers in 2022 and they are picking exactly the same price as for this year
18th Nov 20, 1:37pm
8th Oct 20, 9:36am
Westpac senior agri economist Nathan Penny says the tourism, seafood and export education sectors plus gold kiwifruit exports are most at risk if our trade relationship with China was to change
Westpac senior agri economist Nathan Penny says the tourism, seafood and export education sectors plus gold kiwifruit exports are most at risk if our trade relationship with China was to change
8th Oct 20, 9:36am
16th Sep 20, 10:20am
Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
Westpac's senior agri economist Nathan Penny says latest dairy auction results are consistent with a milk price of $6.50 for the current season, though he cautions that it is still early days yet
16th Sep 20, 10:20am
2nd Sep 20, 11:57am
Westpac's senior agri economist Nathan Penny says Covid has been the 'key driver' in the reduction in the price premium of milk fat over protein
Westpac's senior agri economist Nathan Penny says Covid has been the 'key driver' in the reduction in the price premium of milk fat over protein
2nd Sep 20, 11:57am
22nd Jul 20, 2:42pm
Recent global auction results are offering economists encouragement that Fonterra will be able to achieve a return to farmers in the 2020/21 season at the upper end of the co-operative's forecast
Recent global auction results are offering economists encouragement that Fonterra will be able to achieve a return to farmers in the 2020/21 season at the upper end of the co-operative's forecast
22nd Jul 20, 2:42pm
6th May 20, 3:35pm
Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season
Farmers might have to prepare for a return of under $6 per kilogram of milk solids in the forthcoming season
6th May 20, 3:35pm
20th Feb 20, 11:15am
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
The twin threats of coronavirus and drought are putting different kinds of pressure on dairy prices
20th Feb 20, 11:15am
18th Dec 19, 10:43am
A price of around $7.50 per kilogram of milk solids is still seen as likely for Fonterra farmers, with the sharp falls in auction prices seen as being a glitch
A price of around $7.50 per kilogram of milk solids is still seen as likely for Fonterra farmers, with the sharp falls in auction prices seen as being a glitch
18th Dec 19, 10:43am
20th Nov 19, 2:02pm
Further gains in global dairy prices are prompting economists to push up their milk price forecasts higher and higher - with a $7.50 per kilogram of milk solids price now looking eminently achievable
Further gains in global dairy prices are prompting economists to push up their milk price forecasts higher and higher - with a $7.50 per kilogram of milk solids price now looking eminently achievable
20th Nov 19, 2:02pm
6th Nov 19, 2:34pm
Further gains in global dairy prices are increasing the chances of a Fonterra milk price of over $7 per kilogram of milk solids this season
Further gains in global dairy prices are increasing the chances of a Fonterra milk price of over $7 per kilogram of milk solids this season
6th Nov 19, 2:34pm
16th Oct 19, 12:51pm
Despite the fairly flat outcome in the latest GlobalDairyTrade auction, economists are increasingly optimistic of a strong milk price return for farmers this season
Despite the fairly flat outcome in the latest GlobalDairyTrade auction, economists are increasingly optimistic of a strong milk price return for farmers this season
16th Oct 19, 12:51pm
[Updated]
30th May 19, 2:58pm
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
[Updated]
Economists are concerned that Treasury hasn't incorporated recent slowing economic conditions in its forecasts and this could see the Government get into trouble in future years with its spending plans
30th May 19, 2:58pm
30th May 19, 7:33am
Economists' takes on how a wellbeing focus, slowing economic growth and tight debt targets will affect Budget 2019
Economists' takes on how a wellbeing focus, slowing economic growth and tight debt targets will affect Budget 2019
30th May 19, 7:33am
22nd May 19, 12:50pm
Bank economists say the global dairy prices and outlook are pointing to a farmgate milk price in excess of $7 per kilogram of milk solids in the new season
Bank economists say the global dairy prices and outlook are pointing to a farmgate milk price in excess of $7 per kilogram of milk solids in the new season
22nd May 19, 12:50pm
20th Mar 19, 3:50pm
Rising global dairy prices are increasing Fonterra's chances of being able to pay a farmgate milk price at the top end of its current forecast range
Rising global dairy prices are increasing Fonterra's chances of being able to pay a farmgate milk price at the top end of its current forecast range
20th Mar 19, 3:50pm
20th Mar 19, 2:31pm
NZ's current account deficit slightly narrower than expected in December quarter; Late-2018 equity market wobbles contribute to NZ's net international liabilities jumping $11 billion 
NZ's current account deficit slightly narrower than expected in December quarter; Late-2018 equity market wobbles contribute to NZ's net international liabilities jumping $11 billion 
20th Mar 19, 2:31pm
5th Dec 18, 2:23pm
Westpac economists are the latest to trim their milk price forecast for this season - down to $6.10 from $6.25
Westpac economists are the latest to trim their milk price forecast for this season - down to $6.10 from $6.25
5th Dec 18, 2:23pm
21st Nov 18, 11:20am
ASB economists trim farm gate milk price forecast for the second time in a month; now see price of $6, which is below the current Fonterra forecast
ASB economists trim farm gate milk price forecast for the second time in a month; now see price of $6, which is below the current Fonterra forecast
21st Nov 18, 11:20am

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