Friday, 29 March 2019 09:14

Sustainability will help farmers win — Rabobank chief

Written by  Pam Tipa
Weibe Draijer. Weibe Draijer.

What made agricultural countries successful will not win the next era, says the chairman of Rabobank's managing board.

New Zealand, Australia and the Netherlands have all gone through an amazing agricultural revolution, bringing them to the forefront of productivity and to their role in the global food supply, says Weibe Draijer, the Netherlands based chairman of Rabobank’s managing board.

But what got them there will not win the next era, Draijer told Rural News at the Farm2Form Summit in Sydney yesterday.

“You should with confidence shift to the next game of more sustainable processes,” he says.

“You have the ticket, you have the structural asset of greatly useable arable land with high intrinsic value in New Zealand, a huge share of the global arable surface in Australia and lot of ideas in the Netherlands - use it to also win the next era.”

He says he encounters apparent resistance in all three countries, but thinks it is apparent resistance — a natural response to change from outside from a successful group of entrepreneurs.

“However you can already see at least in the Netherlands, the forefront is moving to rapid pace to grab it (the opportunity) - the challenge is to get the other 80% to latch onto it and then you are there.”

“It is not a wholesale resistance of change, it is a spectrum.”

It is understandable from what they have gone through - they have been so successful, they have got their pride, and they have done well, he says. Now they have to do something else and it is a natural response.

Rabobank hopes to be a helpful thought partner, provocateur if need be. “Saying we have confidence that you won the last round, how about stepping forward and also winning the next one - because you can.”

He says the majority of the changes are already “in the money” if you take a long term view.

More like this

Dairy buoyant

The Rabobank Rural Confidence Survey found farmers' expectations for their own business operations had also improved, with the net reading on this measure lifting to +37% from +19% previously.

Farmer confidence flowing back

Confidence is flowing back into the farming sector on the back of higher dairy and meat prices, easing interest rates and a more farmer-friendly regulatory environment.

Feds, banks lock horns

Major rural lenders are welcoming a call by farmers for the Commerce Commission to investigate their net-zero emissions target.

Rabobank cuts loan rate

Rabobank New Zealand will reduce the variable base rate on its rural loans by 0.5%, effective from 16 October 2024.

Featured

‘Nanobubble’ trial trims irrigation water usage

North Canterbury dairy farmer and recently-elected deputy chair of DairyNZ, Cameron Henderson, is enjoying a huge reduction in irrigation water use after converting a pivot irrigator to drag perforated drip tubes across the ground instead of elevated sprinkler heads.

Editorial: Elusive India FTA

OPINION: Without doubt, a priority of the Government this year will be to gain traction on the elusive free trade deal with India.

Sport star to talk at expo

Rugby league legend Tawera Nikau is set to inspire, celebrate and entertain at the East Coast Farming Expo's very popular Property Broker's Evening Muster.

National

Machinery & Products

Kuhn bags tech award

French company KUHN has won a EIMA Technical Innovation Award for its Baler Automation Technology.

Telescopic front-end loader

An interesting concept emerged at the recent EIMA show in Italy, where Italian company Aries - a front linkage manufacturer -…

AI-powered robotic feed pusher

While most New Zealand farmers operate with animals at pasture all year round, unlike their European counterparts, several operations in…

» Latest Print Issues Online

Milking It

'Bee wear' Simeon

OPINION: A keen pair of eyes wandering down the main street of the hub of the Horowhenua, Levin recently came…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter