NZ remains lowest-cost milk producer - report
The cost of producing milk in New Zealand continues to compare favourably with other exporting regions despite a lift in production costs over the past five years.
A new animal proteins analyst for New Zealand, Matt Costello, has been appointed to Rabobank's Food and Agribusiness Research & Advisory division.
Costello, who has strong experience as a researcher in the meat industry, joins senior analyst Hayley Moynihan, who specialises in the dairy sector.
"We're pleased to welcome Matt into our team here at Rabobank and I am confident his strong background in the animal proteins sector will be a great asset to help further support our clients in this industry in New Zealand," says Rabobank's head of Food and Agribusiness Research & Advisory Luke Chandler.
The local Australian and New Zealand research team is part of a global network of about 80 food and agriculture research analysts spread across every major production and consumption region of the world.
Based in Rabobank's Christchurch office, Costello will cover the New Zealand animal proteins sector, with a particular focus on sheep and beef.
After graduating with a bachelor of Agricultural Economics at Sydney University, Costello previously held the position of meat market analyst with Meat & Livestock Australia, in Sydney. He also conducted specialised research related to the South Asian region dealing with markets across Greater China, as well as South East Asia.
Costello says having grown up in a rural community (New South Wales, Australia) he had a natural appreciation for how important agriculture is to the local economy, a nation and globally.
"Working for Rabobank will give me the opportunity to provide analysis on current market trends and identify future business opportunities for clients," he says.
"As one of the most respected and leading agricultural nations in the world, working and interacting with New Zealand producers and industry across the entire supply chain is an exciting opportunity."
As part of his research role with Rabobank, Costello will deliver presentations at seminars, client functions, industry conferences and field days across New Zealand.
This International Women's Day, there are calls to address a reported gender disparity gap between men women New Zealand's horticulture industry leadership.
WorkSafe New Zealand is calling on farmers to consider how vehicles move inside their barns and sheds, following a sentencing for a death at one of South Canterbury’s biggest agribusinesses.
Now is not the time to stop incorporating plantain into dairy pasture systems to reduce nitrogen (N) loss, says Agricom Australasia brand manager Mark Brown.
Building on the success of last year's events, the opportunity to attend People Expos is back for 2025, offering farmers the chance to be inspired and gain more tips and insights for their toolkits to support their people on farm.
Ballance Agri-Nutrients fertiliser SustaiN – which contains a urease inhibitor that reduces the amount of ammonia released to the air – has now been registered by the Ministry of Primary Industries (MPI). It is the first fertiliser in New Zealand to achieve this status.
Precision application of nitrogen can improve yields, but the costs of testing currently outweigh improved returns, according to new research from Plant and Food Research, MPI and Ravensdown.
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