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Nathan Penny

Fonterra's $4.60 milk price forecast under pressure as Whole Milk Powder prices slide another 11%
18th Nov 15, 8:35am
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Fonterra's $4.60 milk price forecast under pressure as Whole Milk Powder prices slide another 11%
Global dairy prices rose very strongly for the third consecutive auction, this time rising by 16.5%, with Wholemilk Powder up 20.6%
16th Sep 15, 4:34am
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Global dairy prices rose very strongly for the third consecutive auction, this time rising by 16.5%, with Wholemilk Powder up 20.6%
Global dairy prices rose strongly for the second consecutive auction
2nd Sep 15, 7:59am
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Global dairy prices rose strongly for the second consecutive auction
Economists say further dairy supply cutbacks and increased demand from China are needed to pull prices out of the dumps; ASB calls for Fonterra to provide evidence it's cutting production
19th Aug 15, 10:32am
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Economists say further dairy supply cutbacks and increased demand from China are needed to pull prices out of the dumps; ASB calls for Fonterra to provide evidence it's cutting production
Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50
5th Aug 15, 4:46am
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Global dairy prices sink another 9.3% ahead of Fonterra's board meeting on Friday to decide the forecast milk price for farmers this season; ANZ now picks price of around $3.50
Westpac economists lower their milk price forecast for new season after sixth consecutive fall at global dairy auction; say financing costs may rise for farmers
3rd Jun 15, 5:20pm
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Westpac economists lower their milk price forecast for new season after sixth consecutive fall at global dairy auction; say financing costs may rise for farmers
Despite some signs of stabilising dairy prices, economists see any chance of a sharp rebound in returns as a 'distant prospect'
20th May 15, 9:30am
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Despite some signs of stabilising dairy prices, economists see any chance of a sharp rebound in returns as a 'distant prospect'
Economists further trim milk price expectations as global dairy prices continue to slump
6th May 15, 10:34am
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Economists further trim milk price expectations as global dairy prices continue to slump
Economists trim expectations of milk price forecast after another big slump in global dairy prices
2nd Apr 15, 10:36am
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Economists trim expectations of milk price forecast after another big slump in global dairy prices
Dairy prices head south, as interest rates head north and the NZD remains strong, say ASB. Improving sheep sector incomes not out of the woods yet
15th Apr 14, 6:51pm
by Guest
Dairy prices head south, as interest rates head north and the NZD remains strong, say ASB. Improving sheep sector incomes not out of the woods yet
Fonterra nearly halves full-year ebit forecast to $500-600 mln; cuts dividend to 10c; keeps milk price forecast at $8.30
11th Dec 13, 8:59am
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Fonterra nearly halves full-year ebit forecast to $500-600 mln; cuts dividend to 10c; keeps milk price forecast at $8.30
Westpac economists say world milk prices 'continue to defy gravity'; increase their pick of Fonterra's milk price to $8.30
4th Sep 13, 1:02pm
Westpac economists say world milk prices 'continue to defy gravity'; increase their pick of Fonterra's milk price to $8.30
Westpac economists maintain their forecast milk price at NZ$7.40 for next season after latest global dairy auction
7th Aug 13, 10:28am
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Westpac economists maintain their forecast milk price at NZ$7.40 for next season after latest global dairy auction
Westpac economists raise their forecast of Fonterra's 2013/14 milk price by NZ90c to NZ$7.40; predict that Fonterra will raise own forecast
26th Jul 13, 11:22am
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Westpac economists raise their forecast of Fonterra's 2013/14 milk price by NZ90c to NZ$7.40; predict that Fonterra will raise own forecast
NZ annual current account deficit at 4.8% of GDP, down from 5%
19th Jun 13, 10:51am
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NZ annual current account deficit at 4.8% of GDP, down from 5%
Westpac economists see surge in construction activity providing 'substantial upside risk' to their forecast of 0.8% GDP growth in March quarter
5th Jun 13, 3:58pm
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Westpac economists see surge in construction activity providing 'substantial upside risk' to their forecast of 0.8% GDP growth in March quarter
Westpac economists ramp up their forecasts of Fonterra's farmgate milk price and payout for the current season in response to rapidly increasing global dairy prices
3rd Apr 13, 11:04am
Westpac economists ramp up their forecasts of Fonterra's farmgate milk price and payout for the current season in response to rapidly increasing global dairy prices
Monthly ANZ Commodity Price Index rises 7.4% in March, its third strongest rise since the series began in 1986
2nd Apr 13, 1:30pm
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Monthly ANZ Commodity Price Index rises 7.4% in March, its third strongest rise since the series began in 1986
Economists see current account deficit widening further; BNZ sees it as part of the 'bigger slippery slope'
20th Mar 13, 4:21pm
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Economists see current account deficit widening further; BNZ sees it as part of the 'bigger slippery slope'
If Westpac economists are right, New Zealand might just have had its best quarter of economic growth in three years
18th Mar 13, 4:00pm
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If Westpac economists are right, New Zealand might just have had its best quarter of economic growth in three years
Westpac economists upgrade forecasts of Fonterra's payout this year and next; say NZ drought conditions will drive global prices higher still; drought areas extended
6th Mar 13, 10:50am
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Westpac economists upgrade forecasts of Fonterra's payout this year and next; say NZ drought conditions will drive global prices higher still; drought areas extended
Westpac economists watching weather developments 'nervously' and say the big dry will have a negative impact on economic growth this year
1st Mar 13, 1:54pm
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Westpac economists watching weather developments 'nervously' and say the big dry will have a negative impact on economic growth this year