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NZ agriculture continues to reduce debt - Rabobank

NZ agriculture continues to reduce debt - Rabobank 6 Apr, 2021 05:00 PM 3 minutes to read Farmers and food producers managed well through the Covid-19 pandemic over 2020. Photo / File Robust trading conditions in New Zealand s agricultural sector have led to debt reduction across the entire market, Rabobank NZ chief executive Todd Charteris says. Last year we saw the lending market contract, so that is a sure sign that businesses have been quite profitable - and that s a positive, Charteris told the Herald. He said farmers and food producers managed well through the Covid-19 pandemic over 2020. Read More For some, that meant reducing debt but for others sometimes involved investing more.

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