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.
Dutch King Willem-Alexander congratulated winners in Rabobank’s FoodBytes! Competition in Sydney last week.
A New Zealand company Knewe Biosystems Ltd was among finalists who pitched their company to potential investors at the Rabobank Food 2 Fork Summit in Sydney last week.
Knewe Biosystems is developing an animal prebiotics product which it says meets critical mineral nutrition needs and also reduces the volume of waste to the environment, both because they cause animals to use their feed more efficiently.
The winner of the event was Australian company Sprout Kitchens which provides a platform for cafe’s and restaurants to rent out their unused kitchen space, outside of normal trading hours.
AgriWebb was the people’s choice winner. AgriWebb is a software company focused on “disrupting antiquated practices in livestock production”.
Their products “enable simplified on-farm, real-time data collection and apply analysis to improve management decision-making, enterprise efficiency, bench-marking and food security transparency, while integrating the farmer across horizontal and vertical supply chains”.
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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