» Resource Up, Sharemarket Down
Resource up, sharemarket down
The ANZ commodity price index was reported yesterday and shows a 50% rise in world prices over the past 12 months and a 30% annual rise when measured in NZD. Eight of the 13 commodities were up last month including dairy, kiwifruit, wood pulp and lamb.
In general the rises reflect continuing strong growth amongst NZ's main trading partners for food products and raw materials.
The rises in dairy have been well publicised with strong forecast prices for the Fonterra milk price over the coming season.
In NZ there seems to be a strong bias towards enterprise based investment, via the sharemarket, rather than into the resources sector. Admittedly the sharemarket has the benefit of liquidity that resource-based investments lack. But where we have such strong mega-trends supporting agriculture and related industries, surely the (nearly) 10% fall in the NZ sharemarket over the month of may should give some pause for thought?
Mahoe Dairy Limited Partnership
Very well established Southland dairy farm with a high quality herd ranked in the top 5% in NZ.
Normally NZ$250,000, but this depends on the syndicate. There is often no specified minimum when considering share sales from existing dairy...
A person is deemed to be eligible and able to invest in a MyFarm dairy partnership if they are either:
Wealthy (have net assets of at least $2...
MyFarm investors have had good investment outcomes from other regions in New Zealand. However at present Southland and Canterbury dairy farms...
Production targets are set after consideration of a number of factors, including:
Production achieved in previous seasons on the property and on...
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