Farmers still feel there are tough times ahead.

The latest Farm Confidence report from Federated Farmers shows confidence has fallen over this year, with debt, interest rates, and banks the greatest concern.

More than half of farmers are expecting conditions to deteriorate in the year ahead.

Federated Farmers President Wayne Langford told Ryan Bridge they’re questioning why their interest rates and margins are significantly higher than others.He said that they’ve asked for a banking inquiry as the banks and the Reserve Bank are just pointing the finger at each other.

LISTEN ABOVE 

Farmers still feel there are tough times ahead. 
The latest Farm Confidence report from Federated Farmers shows confidence has fallen over this year, with debt, interest rates, and banks the greatest concern. 
More than half of farmers are expecting conditions to deteriorate in the year ahead. 
Federated Farmers President Wayne Langford told Ryan Bridge they’re questioning why their interest rates and margins are significantly higher than others. He said that they’ve asked for a banking inquiry as the banks and the Reserve Bank are just pointing the finger at each other. 
LISTEN ABOVE

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

A fresh and intelligent start to your day - catch the very latest international and domestic news developments, sport, entertainment and business on Early Edition with Ryan Bridge, on Newstalk ZB.

Early Edition with Ryan Bridge

Wayne Langford: Federated Farmers President on the low economic confidence of farmers

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/f6f7289e-ad3d-416c-ba9b-b1bc013dc70c/transcript

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