Agsafe Weekly Rural Report

Finance:  The NZ dollar was steady over the week finishing marginally ahead of last week. Brent Crude is trading at $US89/barrel!!

Wool:  Wool prices remain in the doldrums. There is some optimism as the Napier wool processors reopens!!

Beef, Sheep & Venison schedules: All meat schedules are steady for the coming week with some minor intercompany changes noted. Lamb prices are disappointing and some pundits are predicting further falls. 

Dairy Prices:  The season is nearing an end and suppliers are still hopeful of an $8.00 payout. Fonterra profits have been good adding to the hope!!!