Displaying items by tag: rabobank
The Global Dairy Trade had its eighth consecutive fall last week putting more downward pressure on Fonterra’s $6.75/kgMS milk price forecast, says BNZ senior economist Doug Steel.
Rabobank’s new horticulture and wine analyst believes there are a number of opportunities ahead for the New Zealand wine industry.
Four kiwi arable farmers were amazed recently to see the immensity of the cropping industries in western Europe and Ukraine.
The last decade has been littered with unsuccessful joint ventures in China and we’ll probably see more, says Tim Hunt, Rabobank’s general manager food and agribusiness research in New Zealand and Australia.
New Zealand’s horticultural sector will need to keep a close eye on the role sustainability attributes play in the purchasing decisions of Chinese consumers.
Concerns about the impact of Mycoplasma bovis on the agriculture sector have seen New Zealand farmer confidence decline over the past quarter, the latest Rabobank Rural Confidence Survey shows.
A weaker New Zealand dollar may help offset the decline in Global Dairy Trade prices, but the reasons behind the lower dollar are more significant to dairy, says Rabobank dairy analyst Emma Higgins.
The apparent ease with which the global lamb markets have been able to absorb extra volumes from New Zealand and Australia indicates demand remains very strong, a Rabobank report says.