Rabobank flags rising global dairy prices, warns of downside risks ahead
While global dairy commodity prices continue to climb in most key exporting countries, the second half of the year is expected to bring increased downside risks.
Rabobank says the relocation of the bank's head office to Hamilton marks a new chapter for the bank.
Rabobank New Zealand chief executive Todd Charteris says the bank is now located at heart of the vibrant Waikato food and agri region.
"The new Rabobank Centre will be a place where our employees, farmers and community leaders can come together to share ideas to further advance the industry and to help the bank's clients achieve their goals," he says.
"But this is about much more than opening a new office. It's about making a statement about who we are and what we stand for.
"It's about helping us embed a minset across out business centred on getting closer to our clients regardless of where we work across New Zealand, so we can make even better and more effective decisions for them."
Charteris says the Waikato is a real hub for food and agri innovation and development.
"We feel we are now ideally positioned to support our clients and to further grow our New Zealand business."
The new head office in Union Square houses employees: 50 head office staff based in Wellington previously joined in the new building by members of the Waikato regional team who had previously been based in the bank's Hamilton office on London Street.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
This past week has seen another round of negotiations between India and New Zealand to produce a free trade agreement (FTA) between the two countries.
Cautiously optimistic is how DairyNZ's regional manager for the lower North Island, Mark Laurence describes the mood of farmers in his patch.
The Infrastructure Commission has endorsed a plan by Chorus to expand fibre broadband to 95% of New Zealand much to the delight of rural women.
Questions are being raised about just how good the state of the dairy industry is - especially given that the average farmgate payout for the coming season is set to exceed $10/kgMS.
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