New Zealand farmers facing heightened challenges: central bank
WELLINGTON, Oct. 26 (Xinhua) -- New Zealand's agriculture sector is facing difficult economic conditions, because of low dairy, meat and forestry prices, high operating expenses and increased debt servicing costs, according to a Reserve Bank of New Zealand (RBNZ) report on Thursday.
In the longer term, the sector faces uncertainty about the scale and timing of the costs of climate change, according to an extract