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Nathan Penny

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
AgriHQ hails dairy market 'turning a corner'; Westpac increases farm gate milk price forecast to $5; ANZ sees challenges remaining for dairying
17th Aug 16, 11:24am
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AgriHQ hails dairy market 'turning a corner'; Westpac increases farm gate milk price forecast to $5; ANZ sees challenges remaining for dairying
Some long overdue cheer for dairy farmers as dairy auction prices surge to their highest levels so far this year; ASB sticks with $6 milk price pick
3rd Aug 16, 8:17am
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Some long overdue cheer for dairy farmers as dairy auction prices surge to their highest levels so far this year; ASB sticks with $6 milk price pick
Another disappointing global dairy auction outcome keeps the pressure on farmers; ANZ economist says dairy prices remain 'precariously placed'
6th Jul 16, 8:55am
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Another disappointing global dairy auction outcome keeps the pressure on farmers; ANZ economist says dairy prices remain 'precariously placed'
Global dairy prices rose 3.8% in latest auction, but the strong Kiwi dollar again gobbled up most of the gain; key Wholemilk powder prices jumped up 7.5%
20th Apr 16, 8:38am
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Global dairy prices rose 3.8% in latest auction, but the strong Kiwi dollar again gobbled up most of the gain; key Wholemilk powder prices jumped up 7.5%
Global dairy prices fall for the fourth consecutive auction, though not by as much as predicted; Wholemilk powder down 3.7%
17th Feb 16, 8:37am
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Global dairy prices fall for the fourth consecutive auction, though not by as much as predicted; Wholemilk powder down 3.7%
Fonterra's recently revised milk price forecast is under pressure after global dairy prices sank a further 7.4%
3rd Feb 16, 8:22am
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Fonterra's recently revised milk price forecast is under pressure after global dairy prices sank a further 7.4%
Economists slash forecasts for returns to farmers after another drop in global dairy prices overnight
20th Jan 16, 8:19am
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Economists slash forecasts for returns to farmers after another drop in global dairy prices overnight