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New Zealand Farmers Thrive as Inflation Eases, Prices Soar

6/18/2025

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Summary

Story summary

New Zealand farmers are feeling a renewed sense of confidence as on-farm inflation eases. In March 2025, input prices dipped by 0.6%, thanks to lower interest rates and reduced costs for weed control and fuel. Dairy farmers are particularly buoyant, celebrating farmgate prices for lamb, beef, and dairy that soar above five-year averages.

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Story summary

New Zealand farmers are feeling a renewed sense of confidence as on-farm inflation eases. In March 2025, input prices dipped by 0.6%, thanks to lower interest rates and reduced costs for weed control and fuel. Dairy farmers are particularly buoyant, celebrating farmgate prices for lamb, beef, and dairy that soar above five-year averages.