Rural and regional

New Zealand’s rural sector dominates our economy. Find out what effects national and international pressures will have on the industry and its farmers.

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Rural and regional reports

Commodities Weekly

This concise weekly report explores the components of the ASB Commodity Price Index in relation to the meat, dairy and forestry markets. It also presents valuable insights into other factors that might affect local commodity prices, such as currency movements and overseas tariff agreements.

Farmshed Economics

This monthly report provides insight into key rural developments of the previous month. Where relevant, it includes our outlook for rural commodities and other financial markets.

International Agri Insights

This report is authored by our US-based expert Professor Bill Bailey and gives his take on global agricultural developments across a range of sectors. Upbeat and topical, it covers a wide range of issues, from US cattle cycles to the Trans-Pacific Partnership, and their impact in the New Zealand context.

Rural Economic Note

This section provides insights into key rural events such as the fortnightly Global Dairy Auctions and announcements by Fonterra, New Zealand’s multinational dairy conglomerate.

Rural Loan Report

This report provides a brief summary of our interest rate view to assist rural borrowers with making informed interest rate decisions.

Regional Economic Scoreboard

The economic performance of New Zealand’s 16 Regional Councils is ranked using the latest quarterly regional statistics on employment, construction, retail trade and house prices. The fastest growing regions gain the highest ratings, and a good performance by the overall economy raises the rating of all regions.

Latest reports

Contact us

All enquiries from the media should be directed to our economics team:

Nathan Penny

Senior Rural Economist

Nathan's bold predictions and his ability to call it as he sees it sets him apart from other New Zealand rural economists.  In particular, his controversial, but ultimately successful $6.00/kg MS 2016/17 milk price forecast is case in point.

He has a natural talent to distil complex issues and translate them into user-friendly formats for diverse groups, including farmers and financial markets participants.  Nathan brings unique perspectives and thought leadership to the country's rural and broader export sectors.  

Nathan joined ASB as the Rural Economist in 2013, having cut his teeth at the New Zealand Treasury.  He hails from the Kapiti Coast and studied at Massey University where he graduated with a Master of Applied Economics.

Nathan's expertise lie in dairy and other commodity markets, trade economics and economic forecasting.  He's a leading GlobalDairyTrade auction and NZX dairy derivatives commentator and he also authors ASB's monthly rural publication, Farmshed Economics.  

He's a proud Hurricanes and Wellington Phoenix fan, and will gladly discuss at length the Hurricanes Super Rugby 2016 victory.

Other reports

Rural and Regional Reports - Economic Research | ASB