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Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts


Dairy debt less of a concern to Reserve Bank as loans repaid with cream payouts
5 May, 2021 12:30 AM
4 minutes to read
Worrying national dairy sector debt level coming down. Photo / File
Reserve Bank concerns about dairy farming debt appear to have eased as milk prices remain robust and farmers pay down debt, but an industry stress test paints a grim picture if prices slide for an
extended time.
The Reserve Bank s latest financial stability report said while dairying s share of agriculture sector lending by banks remains considerable , it had declined from 69 per cent to 63 per cent in recent years.
With banks encouraging farmers to use current strong milk prices and low interest rates to pay down existing debt, and a falling number of farmers identified by banks as financially stressed, the dairy sector was building resilience, said the report. ....

New Zealand , Cameron Bagrie , Reserve Bank , Emissions Trading Scheme , God New Zealand , புதியது ஜீலாந்து , இருப்பு வங்கி , உமிழ்வு வர்த்தக திட்டம் , மன அழுத்தம் ,

What will Fonterra come out with for its capital restructure?


What will Fonterra come out with for its capital restructure?
5 May, 2021 05:40 AM
4 minutes to read
Fonterra share trading in halt until Friday. Photo / File
Fonterra s capital restructure proposals, due to be revealed today, have been kept surprisingly watertight considering it has 10,000 heavily invested and involved farmer-shareholders, but it s a safe bet the main thrust will be measures to
stop milk supply loss by demanding less capital from its farmers.
This New Zealand s biggest company and the world s fourth largest dairy company by revenue could do by making it less costly to join and supply milk to the big farmer-owned co-operative. ....

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Texas sees more supply rather instead of demand for COVID-19 vaccines


Texas sees more supply rather instead of demand for COVID-19 vaccines
and last updated 2021-05-03 23:56:18-04
TEXAS — At the beginning of the year, Texans were signing up to line up for the COVID-19 vaccine. Now, local health officials say they’re seeing the opposite.
“We’ve done a lot of vaccinating. We’re starting to head into those populations that are not sure if they want to get it,” said Bell County Health District Director Dr. Amanda Robison-Chadwell.
“Back in December and January, there was a waitlist. It took weeks to get an appointment. We no longer have a waitlist now,” said Waco-McLennan Health District Communications Lead Kelly Craine. ....

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