Trade balance with the US a saving grace
New Zealand is so far escaping the unpredictable vagaries of President Donald Trump's trade policies by the skin of its teeth.
Rabobank is to open a second branch in Northland, at Dargaville. It has had a branch at Whangarei for 10 years.
Rabobank Northland branch manager Tessa Sutherland said the office is convenient and centrally located, allowing clients easy access.
“It has been a vision for some time and we are thrilled to be opening our new branch in Dargaville next week, starting off 2015 with a bang,” Sutherland says.
“The township is witnessing a new building taking shape and we are happy with the modern look and feel, as well as the state-of-the-art facilities our clients and staff will have.”
Sutherland, who has worked 11 years with Rabobank, previously managed the Whangarei branch. She will continue to operate from both branches, like other staff.
She claims the new branch firmly “cements” the commitment the bank is making to the region long-term.
“Our Northland team will continue to work together in both branches which will allow us to fully support our clients and to share knowledge of the overlapping agricultural areas.
“We will make the most of having the two offices to work from – it will be a flexible and welcoming arrangement.”
The new branch has room for eight staff.
“It’s a tricky time we are going into, regarding dairy prices, but we know the fundamentals are strong and we remain positive about dairy. Conversely, the sheep and beef sector is in excellent shape and prices are swinging in the right direction.
“We are here to help people through these agricultural cycles. That’s what we do.”
Among the regular exhibitors at last month’s South Island Agricultural Field Days, the one that arguably takes the most intensive preparation every time is the PGG Wrightson Seeds site.
Two high producing Canterbury dairy farmers are moving to blended stockfeed supplements fed in-shed for a number of reasons, not the least of which is to boost protein levels, which they can’t achieve through pasture under the region’s nitrogen limit of 190kg/ha.
Buoyed by strong forecasts for milk prices and a renewed demand for dairy assets, the South Island rural real estate market has begun the year with positive momentum, according to Colliers.
The six young cattle breeders participating in the inaugural Holstein Friesian NZ young breeder development programme have completed their first event of the year.
New Zealand feed producers are being encouraged to boost staff training to maintain efficiency and product quality.
OPINION: The world is bracing for a trade war between the two biggest economies.