Displaying items by tag: rabobank

Dairy

Milk supply volumes boosted almost 10% in March 2021 YOY.

Dairy commodity prices have shaken off the past year's uncertainty, entering 2021 with a strong price trajectory.

Dairy

Milk flow strength is a result of welcome rainfall in the middle of March, in combination with weak production comparables for last year.

Farmer confidence is soaring. Put it down to the recent spike in prices for New Zealand dairy products.

Rabobank reports that the future global outlook is clearer and more hopeful than it has been for months.

Fonterra chief executive Miles Hurrell says results of the last two dairy auctions reflect volatility in the global markets.

Strong demand and limited cattle supplies saw cattle prices rise across most major cattle producing countries. 

China's appetite for liquid milk is growing and New Zealand exporters look set to benefit.

Rabobank has appointed Blake Holgate as head of sustainable business development to help grow its focus on sustainability.

NZ agriculture is set for what looks likely to be a generally profitable season in 2020/21, with most sectors seeing average to above-average pricing, manageable cost inflation, and production holding up well.