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Home / The Country

Listen: Mycoplasma bovis affects farmer confidence

The Country
4 Jul, 2018 01:45 AM2 mins to read

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Rabobank's GM Country Banking, Hayley Gourly. Photo / Supplied

Rabobank's GM Country Banking, Hayley Gourly. Photo / Supplied

Rabobank's latest farmer confidence survey shows that belief in the agri economy, over the coming 12 months, is at its lowest reading since the tail end of the dairy downturn in 2015-16.

Rabobank's GM Country Banking Hayley Gourley caught up with The Country's Jamie Mackay for a preview of the bank's farmer confidence survey and the reasons behind the low result.

Even though "we are in a better space," from a market pricing perspective, that doesn't necessarily result in confidence, which often "does hang in the balance," says Gourley.

"A lot of that is due to the other external factors impacting the industry, particularly the M. bovis outbreak."

Interestingly, despite the spectre of Mycoplasma bovis, dairy confidence has gone up. Gourley says this is because the survey was conducted just after the announcement of a predicted $7 milk price payout from Fonterra.

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"Undoubtedly that was fresh in people's minds and is certainly reflected in dairy farmer confidence."

Sheep and beef confidence has dropped which Gourley says is not surprising, as these sectors support the dairy industry and are potentially more vulnerable around some of the implications of the Mycoplasma bovis eradication decision.

"People like graziers, calf rearers, bull breeders are still uncertain about the impacts it will have on their farming systems and businesses."

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Also in today's interview: Hayley Gourley takes a look at lamb and horticulture and the impact of Government intervention on farmer confidence.

Listen below:

Discover more

Rabobank Best of The Country - June 30, 2018

29 Jun 07:00 PM

Listen: Has M. bovis been in New Zealand for a decade?

02 Jul 02:45 AM

Listen: MPI says it has farmers' backing on M. bovis

03 Jul 04:00 AM

Listen: Nathan Guy backs M. bovis eradication plan

03 Jul 03:15 AM
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