Farmer confidence has surged in the latest Rabobank Rural Confidence survey shows. Its reached the highest level since early 2018, driven by strong commodity prices and is felt especially among dairy, and sheep and beef farmers. The survey found that net confidence among farmers rose to plus 10 per cent, up from minus 23 per cent in early December. Rabobank New Zealand chief executive Todd Charteris says the survey began just after the big hike in Global Dairy Trade prices and our key red meat markets had shown good demand.