Displaying items by tag: rabobank
Kiwi dairy farmers are being told to expect a significantly lower farmgate milk price in the coming season, as the global milk market absorbs the impact of COVID-19.
New Zealand dairy prices are “still hanging in there,” relatively speaking, says US-based RaboResearch dairy analyst Tom Bailey.
New Zealand dairy farmers can expect a lower farmgate milk price for the 2020/21 season, according to a new report from agricultural banking specialist Rabobank.
Rabobank says NZ’s food and agri sector’s heavy exposure to China has been magnified by the coronavirus outbreak.