New data out of Federated Farmers shows profitability is the highest it’s been in a decade, with 72 percent of farmers making a profit and fewer than one in 20 making a loss.

But confidence for the next 12 months has dropped, with many farmers wondering how long these good times can really last.

The Country's Jamie Mackay outlined the survey results further.

LISTEN ABOVE

New data out of Federated Farmers shows profitability is the highest it’s been in a decade, with 72 percent of farmers making a profit and fewer than one in 20 making a loss.
But confidence for the next 12 months has dropped, with many farmers wondering how long these good times can really last.
The Country's Jamie Mackay outlined the survey results further.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Jamie Mackay: The Country host on what the latest Federated Farmers Confidence survey means for the sector

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/d0bab9de-1d20-4214-9a0d-b4c60089ce91/transcript