The North Otago farmer and award-winning environmentalist takes us on a history tour today by comparing New Zealand farmers to the Russian Kulaks - relatively prosperous peasants who own a farm.
Todd Charteris:
Rabobank's chief executive says spiralling costs for a host of key farm inputs - including fuel, fertiliser, feed and labour - have driven a sharp drop in sentiment among the nation's food producers. The latest Rabobank Rural Confidence Survey has found that farmer confidence is now at its lowest level since the start of the Covid-19 pandemic in early 2020.
Cameron Bagrie:
We ask an independent economist - with the OCR certain to lift by 50 basis points this afternoon, is the cure worse than the disease?
Listen below: