A West Coast dairy farmer says buyers paying top prices for farms are the ones most likely to bring risk back into the dairy industry as interest rates and costs climb.

Speaking on the DAIRY Country panel with Senior Journalist Anne Lee, Richard Reynolds says three-year interest rates are heading back towards 7% from 5%.

He says on debt of about NZ$20/kg milksolids (MS), that adds about 40c/kg MS in debt servicing.

Read the full story: country-wide.co.nz/where-high-farm-sale-prices-carry-debt-risk-for-dairy

 

WANT TO LISTEN TO THE SHOW LIVE (11am-1pm NZST) ON THE GO? Download CountryWide Connect mobile app to stream the show via Apple Car Play or Android Auto. Or try the voice command ‘Play CountryWide Connect’ on Amazon Alexa or Google Home.

 

Apple:https://apps.apple.com/nz/app/countrywide-connect/id6761033881

Google Play:https://play.google.com/store/apps/details?id=nz.co.countrywide&hl=en_NZ

A West Coast dairy farmer says buyers paying top prices for farms are the ones most likely to bring risk back into the dairy industry as interest rates and costs climb.
Speaking on the DAIRY Country panel with Senior Journalist Anne Lee, Richard Reynolds says three-year interest rates are heading back towards 7% from 5%.
He says on debt of about NZ$20/kg milksolids (MS), that adds about 40c/kg MS in debt servicing.
Read the full story: <a href="https://country-wide.co.nz/where-high-farm-sale-prices-carry-debt-risk-for-dairy/">country-wide.co.nz/where-high-farm-sale-prices-carry-debt-risk-for-dairy</a>
&nbsp;
WANT TO LISTEN TO THE SHOW LIVE (11am-1pm NZST) ON THE GO? Download CountryWide Connect mobile app to stream the show via Apple Car Play or Android Auto. Or try the voice command &lsquo;Play CountryWide Connect&rsquo; on Amazon Alexa or Google Home.
&nbsp;
Apple: <a href="https://apps.apple.com/nz/app/countrywide-connect/id6761033881">https://apps.apple.com/nz/app/countrywide-connect/id6761033881</a>
Google Play: <a href="https://play.google.com/store/apps/details?id=nz.co.countrywide&amp;hl=en_NZ">https://play.google.com/store/apps/details?id=nz.co.countrywide&amp;hl=en_NZ</a>

CountryWide CONNECT is the latest innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am – 1pm Monday-Friday from Christchurch, New Zealand.


The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah’s Country & Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).


Over two hours, Sarah & Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!

For more information & to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT is the latest innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am &ndash; 1pm Monday-Friday from Christchurch, New Zealand.
 The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah&rsquo;s Country &amp; Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).
 Over two hours, Sarah &amp; Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!
For more information &amp; to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT

CountryWide CONNECT is an innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am – 1pm Monday-Friday from Christchurch, New Zealand.


The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah’s Country & Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).


Over two hours, Sarah & Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!

For more information & to subscribe to CountryWide, visit www.country-wide.co.nz

CountryWide CONNECT is an innovative daily livestreamed rural video/radio show broadcast at lunchtime 11am &ndash; 1pm Monday-Friday from Christchurch, New Zealand.
 The show is hosted by respected award-winning agribusiness broadcasters, Sarah Perriam-Lampp (formerly Sarah&rsquo;s Country &amp; Rural Exchange) and Andy Thompson (formerly The Rural Round-Up).
 Over two hours, Sarah &amp; Andy cover the latest in New Zealand rural news, views, politics but most importantly in-depth technical farming advice to help improve farmers bottom lines!
For more information &amp; to subscribe to CountryWide, visit www.country-wide.co.nz