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 New Zealand has appointed the bank's global chief compliance officer Angelique Meddeler to its board.
Announcing the new appointment, Rabobank New Zealand chair Chris Black says Meddeler's extensive experience in international banking across a diverse range of roles - coupled with her strong knowledge of the "regulatory landscape" - made her an ideal fit for the board.
Meddeler, who is based in Utrecht in the Netherlands, has 30 years' experience in global retail and wholesale banking and joined Rabobank in December 2021 in the role of chief compliance officer.
She had previously spent more than 25 years with ING Bank, serving in a wide range of roles including Global FEC/AML (financial economic crime/anti-money laundering) lead for ING retail and wholesale worldwide, global head client services wholesale banking, head of international business clients and head of marketing retail/business clients.
Part of the global co-operative Rabobank Group, Rabobank NZ is one of the country's agricultural banks and a major provider of corporate and business banking services to the food and agribusiness sectors. It also operates online retail savings and deposits business Rabobank Online Savings. In addition to chair Chris Black, Meddeler joins other directors of Rabobank NZ - Tim Deane, Brent Goldsack, Geerten Battjes and Rabobank regional manager for Australia & New Zealand, Mark Wiessing.
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
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