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.
Recent research has found a significant drop in the number of New Zealanders who identify as vegan.
The survey – carried out by Rabobank and KiwiHarvest – showed while the percentage of vegetarians was unchanged at 9%, the percentage of those who follow a vegan diet had dropped to 3% - down from 5% in 2022.
The research also found a dip in the percentage of Kiwis who said they were planning to reduce their meat consumption.
Meanwhile, only 25% (down from 30%) of New Zealanders now say they are planning to reduce their meat consumption.
At the other end of the meat-eating spectrum, 9% of Kiwis now say they plan to eat more meat (up from 7% previously).
