Displaying items by tag: rabobank

Dairy

After extreme market volatility and record-high prices in recent years, global fertiliser prices are expected to settle in 2024, despite uncertainty posed by the Israel-Hamas conflict as it currently stands.

Dairy

'El Nino has officially arrived.’

Rabobank's latest rural confidence survey shows a minus 72% confidence reading - eclipsing last June’s historic minus 57% - the lowest in the survey’s 20-year history.

OPINION: One of the tasks of whatever new government emerges in the coming days and weeks will be to look and see what can be done to restore farmer confidence.

Concern over the outlook for commodity prices in the coming year coupled with rising on farm costs have pushed New Zealand farmer confidence to a new record low.

Rabobank's September agribusiness report shows farmgate price pressure is expected to remain, with weak fundamentals underpinning difficult trade conditions.

A full rebalance of China’s dairy market is not expected in the near future, so dairy farmers in New Zealand and around the world will need to manage through more financial pain in the months ahead.

Dairy

Attention remains laser-focussed on both supply and demand from China.