Beef prices climb as supply contracts in key markets
With production volumes contracting in most major beef-producing regions, global cattle prices have continued to rise across recent months.
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.
The head of the Ministry for Primary Industries (MPI) biosecurity operation, Stuart Anderson, has defended the cost and the need for a Plant Healht and Environment Laboratory (PHEL) being built in Auckland.
BNZ says its new initiative, helping make the first step to farm ownership or sharemilking a little easier, is being well received by customers and rural professionals.
The head of Fonterra's R&D facility in Palmerston North is set to literally cross the road and become the new vice chancellor at Massey University.
Allan Freeth, chief executive of the Environmental Protection Authority (EPA) has announced he is resigning.
A rare weather double-whammy has seen many South Island farmers having to deal with unseasonal snow while still cut off from power supplies after an unprecedented windstorm.
One of Fonterra's largest milk suppliers says Fonterra's board and management have got what they wanted - a great turnout and a positive signal from shareholders on the sale of its co-operative's consumer and related business.
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