NZ Milk Price Could Hit $10/kgMS as Global Supply Eases
A 'tsunami' of milk from key exporting countries is winding down and this may be good news for New Zealand dairy farmers.
Based in Sydney, Picton, will provide strategic macro-economic research and engagement – including interest rates and economic projections – for the specialist global agribusiness bank in New Zealand and Australia.
Rabobank New Zealand chief executive Todd Charteris says it was the first time Rabobank’s global economics & markets research team would have a representative based in the region, with the role specifically covering macroeconomics for New Zealand and Australia.
Charteris says Picton would “hit the ground running” having more than seven years of experience with Rabobank’s global financial markets team, where he held a number of positions in derivatives sales and trading, working with the bank’s wholesale agribusiness and farming clients.
His most recent role with Rabobank was director, corporate risk & treasury management.
