14 Oct 2015

Increasing signs El Nino cycle will hit primary producers

From Business News, 6:56 am on 14 October 2015

There are signs the current El Nino cycle is starting to affect the agricultural sector, although it's likely to be a few months more before it's clear whether it brings drought to key farming regions. The senior economist at BNZ, Doug Steel, says it's still not clear what the current El Nino cycle will bring.