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Nathan Penny

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
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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 
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
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Westpac economists are the latest to trim their milk price forecast for this season - down to $6.10 from $6.25
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
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 now see a milk price for this season of $6.25 per kilogram of milk solids, down from a previous forecast of $6.50; see farmer net earnings as about $240 million lower
17th Oct 18, 2:10pm
ASB economists now see a milk price for this season of $6.25 per kilogram of milk solids, down from a previous forecast of $6.50; see farmer net earnings as about $240 million lower
Economists say milk production levels this season will be crucial, with the strong start already putting pressure on prices
3rd Oct 18, 4:40pm
Economists say milk production levels this season will be crucial, with the strong start already putting pressure on prices
Further falls in the global price of dairy products indicate its now more when than if Fonterra reduces its forecast milk price below the current $6.75; Westpac has dropped its forecast to $6.25 from $6.50
19th Sep 18, 2:03pm
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Further falls in the global price of dairy products indicate its now more when than if Fonterra reduces its forecast milk price below the current $6.75; Westpac has dropped its forecast to $6.25 from $6.50
Further falls in global dairy prices indicate that even a $6.50 farmgate milk price could be in doubt
22nd Aug 18, 4:31pm
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Further falls in global dairy prices indicate that even a $6.50 farmgate milk price could be in doubt
The sharpest fall in global dairy prices for over a year raises questions about whether the current level of forecast milk price for farmers this season will be achievable
4th Jul 18, 1:15pm
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The sharpest fall in global dairy prices for over a year raises questions about whether the current level of forecast milk price for farmers this season will be achievable
ASB economists expect Fonterra next week to give a 'healthy' milk price forecast of $6.50 or better for the new season
16th May 18, 3:35pm
ASB economists expect Fonterra next week to give a 'healthy' milk price forecast of $6.50 or better for the new season
ASB economists see soaring butter prices as possibly giving more upside to the milk price for farmers
18th Apr 18, 11:45am
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ASB economists see soaring butter prices as possibly giving more upside to the milk price for farmers
Latest GlobalDairyTrade auction results give support to the forecast of a $6.40 milk price for farmers - and possibly even a bit better - this season
7th Feb 18, 11:17am
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Latest GlobalDairyTrade auction results give support to the forecast of a $6.40 milk price for farmers - and possibly even a bit better - this season
The Weekly Dairy Report: A small lift in the milk auction welcome, but the dry and lower production could influence the year's profits more significantly
6th Dec 17, 11:39am
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The Weekly Dairy Report: A small lift in the milk auction welcome, but the dry and lower production could influence the year's profits more significantly
ANZ economists expecting Fonterra to drop milk forecast next month from the current $6.75 to possibly as low as $6.25
22nd Nov 17, 8:29am
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ANZ economists expecting Fonterra to drop milk forecast next month from the current $6.75 to possibly as low as $6.25
Further weakness in the latest global dairy auction has prompted economists to drop their forecast milk price from $6.75 to as low as $6.30
18th Oct 17, 8:25am
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Further weakness in the latest global dairy auction has prompted economists to drop their forecast milk price from $6.75 to as low as $6.30
Fonterra announces net profit of $745 mln; drops season end milk price by 3c to $6.12, making final payout of $6.52
25th Sep 17, 9:01am
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Fonterra announces net profit of $745 mln; drops season end milk price by 3c to $6.12, making final payout of $6.52
Fonterra is now forecasting a $6.15 milk price for farmers this season, up from $6; opening forecast price for next season is $6.50, which is higher than economists thought likely
24th May 17, 8:39am
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Fonterra is now forecasting a $6.15 milk price for farmers this season, up from $6; opening forecast price for next season is $6.50, which is higher than economists thought likely
A 12.4% plunge in the price of Whole Milk Powder leads overall dairy prices down 6.3%; analysts see any recovery in prices as difficult while there is a surplus of supply; economists downgrade milk price forecasts
8th Mar 17, 8:12am
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A 12.4% plunge in the price of Whole Milk Powder leads overall dairy prices down 6.3%; analysts see any recovery in prices as difficult while there is a surplus of supply; economists downgrade milk price forecasts
BNZ economists first among the major banks to lower their milk price forecast for farmers ahead of an anticipated fall in global dairy prices at this week's auction
6th Mar 17, 2:31pm
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BNZ economists first among the major banks to lower their milk price forecast for farmers ahead of an anticipated fall in global dairy prices at this week's auction
Dairy prices eke out a small gain; economists see an extended period of consolidation as 'possible'
8th Feb 17, 8:21am
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Dairy prices eke out a small gain; economists see an extended period of consolidation as 'possible'
ASB economists believe attempts to take advantage of higher Whole Milk Powder prices by offering bigger volumes for sale have come at a cost
18th Jan 17, 8:26am
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ASB economists believe attempts to take advantage of higher Whole Milk Powder prices by offering bigger volumes for sale have come at a cost
The 2016 Interesties featuring John Key, Donald Trump, Graeme Wheeler, 'maniping,' Metiria Turei, Tony Alexander, Nathan Penny, Nelson's stock exchange, Andrew Little, Chloe Swarbrick, David Hisco, bad hair & a dictator
23rd Dec 16, 5:02am
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The 2016 Interesties featuring John Key, Donald Trump, Graeme Wheeler, 'maniping,' Metiria Turei, Tony Alexander, Nathan Penny, Nelson's stock exchange, Andrew Little, Chloe Swarbrick, David Hisco, bad hair & a dictator
The bank economists who forecast a $6 milk price when such a figure looked outlandish have now raised their forecast - but have a warning for future years
21st Dec 16, 7:55am
The bank economists who forecast a $6 milk price when such a figure looked outlandish have now raised their forecast - but have a warning for future years
Prices of dairy products gain a further 4.5% at auction; Whole Milk Powder firms 3.2%, with the price now nearly two-thirds higher than it was in July; lift in milk price forecast from Fonterra seen likely 'any time soon'
16th Nov 16, 8:39am
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Prices of dairy products gain a further 4.5% at auction; Whole Milk Powder firms 3.2%, with the price now nearly two-thirds higher than it was in July; lift in milk price forecast from Fonterra seen likely 'any time soon'
Prices of dairy products soar by 11.4%; Whole Milk Powder jumps 19.8% to a 2-year high; ANZ economists see 'upside risks' to milk price forecasts - perhaps to above $6
2nd Nov 16, 8:06am
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Prices of dairy products soar by 11.4%; Whole Milk Powder jumps 19.8% to a 2-year high; ANZ economists see 'upside risks' to milk price forecasts - perhaps to above $6
Fonterra increases 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS
25th Aug 16, 9:17am
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Fonterra increases 2016/17 forecast Farmgate Milk Price by 50 cents to $4.75 per kgMS