increase font size
The direct trade impacts of Brexit on NZ's agricultural sector are likely to be relatively contained.
The direct trade impacts of Brexit on NZ's agricultural sector are likely to be relatively contained, Rabobank says in its June Agribusiness Monthly report.
The global agribusiness banking specialist says with the United Kingdom and the EU-27 nowadays only contributing a relatively small share of New Zealand food and agricultural (F&A) exports – 4.3% and 8.8% respectively by value – the direct trade implications of the UK's historic decision to leave the European Union would be limited for the agricultural sector as a whole.
However, the report notes, for some sectors – particularly sheepmeat, wool, fruit and wine – the direct export exposure is more significant.
Rabobank senior analyst Marc Soccio says these sectors in particular would be exposed to any sustained negative impact Brexit had on the UK economy and household incomes, as well as price inflation due to adverse currency moves.
Chinese beef trade quotas and a looming suspension of Brazilian beef imports into the European Union are expected to reshape global beef trade flows over the remainder of 2026, with implications for New Zealand exporters, according to Rabobank's Q3 Global Beef Quarterly report.
New Zealand consumers are paying more for beef mince than ever before, with the average retail price now sitting above $24 per kilogram, according to Rabobank.
West Otago dairy farmer Luke Kane has been awarded the 2026 Rabobank Dr John Morris Business Development Prize.
Twenty five secondary school students from around New Zealand recently completed a three day residential programme designed to explore career opportunities across the food and fibre production supply chain.
OPINION: With 10,500 dairy farms, New Zealand continues to punch above its weight around the world.
DairyNZ deputy chair Cameron Henderson has been re-appointed unopposed for another term.
Farms across the upper North Island are trialling different pasture mixes as part of a research programme that aims to build greater resilience into farming systems.
Election years are always a concerning time for farmers, according to DairyNZ chair Tracy Brown.
The Ballance Farm Environment Awards are coming to the West Coast of the South Island.
Most dairy regions around the country have had a pretty good season so far says Tracy Brown.
OPINION: The same mainstream media muppets that brought you Jacindamania in 2017 have been flat out pimping for the Opportunities…
OPINION: Your old mate reckons the atrocious way farmers in the UK are treated by their lords and masters in…
