Posts tagged "Rabobank"

US organic food market sales have cooled, report finds

(15 July/Food Dive) A new Rabobank research report found that organic foods sales in the U.S. reached $47.9 billion last year and this year that figure is expected to increase further. The report highlighted several factors contributed to this figure such as low prices for items and availability. Some of the price decline is due...

Protein competition on the rise in China

(8 July/Rural Life) In Rabobank’s latest Agribusiness report it has been highlighted that demand for protein in China is on the rise and will likely be reflected in increased beef demand. Animal protein and sustainability analyst Blake Holgate said that the China Meat Association would be expanding it’s source of protein to deal with the...

Prestigious Trans-Tasman agribusiness awards head to New Zealand for first time

[3 July/Rabobank] The prestigious trans-Tasman Rabobank Leadership Awards – recognising outstanding leadership in the food and agricultural sector – are to be held in New Zealand this year, for the first time in the awards’ history. The two industry accolades – the Rabobank Leadership Award and the Rabobank Emerging Leader Award – are peer-nominated and...

Media Release – Strong global market fundamentals see Rabobank hold farmgate milk price forecast of NZD 7.15/kgMS

[20 June/Rabobank] Rabobank has held its farmgate milk price forecast of 7.15/kgMS for the 2019/20 season due to global dairy market supply and demand fundamentals set to support strong prices. Emma Higgins, Rabobank Dairy Analyst reports that the first half of 2019 has resulted in lower milk production across the ‘big 7’ exporters compared to...

Farmers enjoying good returns but facing uncertainty, bank analyst says

[19 June/Stuff NZ] Government policy and intervention is leading to pessimism in the farming industry, according to Rabobank Sustainability Analyst Blake Holgate. Mr Holgate told farmers at meetings in Gore and Invercargill on Tuesday that concerns about emissions, animal welfare and the environment were all impacting the industry now and would continue to do so...

Methane targets will challenge sector – analyst

[03 June/Rural Life] Achieving proposed methane targets under the Government’s Zero Carbon Bill by 2050 will require changes to future farming practices, Rabobank’s Animal Protein and Sustainability Analyst Blake Holgate reports. Targets released by the Zero Carbon Bill were absolute reduction targets and would not be able to be offset through the planting of trees....

CBD entering food and drink at an ‘astounding pace,’ report says

[20 May/Food Dive] A new Rabobank report reveals that CBD has been entering food and beverage products at an ‘astounding pace’ in the US. However, the substance remains illegal and may not be approved for several more years. The market appears poised for more CBD-infused products, and Rabobank said the demand is likely to continue....

African swine fever in China will affect NZ dairy sector: report

[10 May/Rural Life] Rabobank have released a report which states that China’s outbreak of African swine fever (ASF) will have an effect on the New Zealand dairy sector. China produces around 50% of pork globally and the ASF epidemic is expected to reduce this amount by 25%-35% which will result in higher demand for alternative...

Careful consideration needed before tree-planting – Rabobank

[06 May/The Country] RaboResearch sustainability analyst Blake Holgate reports that farmers need to consider a range of factors before deciding whether planting trees is a better use for their land or in its existing use. Government policy changes in forestry and climate change would make forestry a more appealing land-use option for some landowners however...

Big drop in pig numbers forecast

[22 April/ Rural Life] China’s African swine fever (ASF)-affected pig herd is forecast to shrink to its lowest level in nearly 30 years. ASF has been found throughout much of China’s pork country. Pork is China’s most consumed protein, meaning they will need to import approximately two million metric tonnes to compensate for loss of...

Banks claim their books solid

[12 April/Farmers Weekly] ASB and Rabobank are the two banks with the highest proportion of non-performing farm loans in New Zealand according to the Reserve Bank’s financial strength dashboard. Both ASB and Rabobank maintain their loan books remain solid. Each bank holds about 17 percent of the market’s agricultural loans. A Rabobank spokesman said the...

One giant leap

[29 March/Farmers Weekly] Wiebe Draijer, Rabobank Chairman reports that food producers now face challenges similar to those faced by the scientists upon Apollo 11, due to climate change effects, issues of depleted soil and nutritional problems faced by consumers. Mr Draijer states that another agricultural revolution is needed, with the world’s population expected to reach...

Swine disease expected to boost Chinese beef imports

[08 March/Rural Life] Spread of the African Swine disease in China has increased measures at its borders. The spread of the severe viral disease is meant to offer increased export opportunities for beef exporters like New Zealand. Rabobank released a report stating the disease has potential to substantially shift the Asian meat trade, impacting both...

Challenge ahead for smaller wineries

[11 February/The Country] Rabobank’s latest Global Wine Quarterly Report has raised a warning for New Zealand’s smaller, domestic market wineries which may be finding it more difficult gaining access to distribution channels. Rabobank’s Senior Wine and Horticulture Analyst, Hayden Higgins, said the large 2018 global harvest was starting to create a fundamental shift in the...

Rabobank Lists Scenarios for U.K. Food Under No-Deal Brexit

[26 January/Bloomberg] Rabobank’s analysts have sought to predict what could happen to British and European agriculture under a no-deal Brexit. Amongst well known effects like faster UK food inflation due to a weaker pound, and spoiled produce due to border delays, the bank listed lesser publicised effects in their report including surplus grain supplies and...

Farmer confidence slips further

[21 January/Rural News] New Zealand’s rural confidence dropped for the third consecutive quarter after a mix of concerns negatively impacting sentiment among pastoral farmers. The last quarterly survey for 2018 – completed in November – reported net farmer confidence at -15%, down from -3% recorded in the September 2018 survey. Hayley Gourley, Rabobank New Zealand...

‘Cold war’ could force choice

[17 November/Otago Daily Times] New Zealand’s agricultural sector is being advised to look for alternate trading markets with the developing “cold war” between the US and China. The increasing trade tensions between the superpowers could produce a situation in which New Zealand is forced to choose sides, Rabobank’s head of financial markets research for Asia-Pacific,...

Bumper spring milk flow puts pressure on payout

[31 October/NZ Farmer] National milk flows are 5.6% ahead of last season as favourable weather conditions have helped production levels. The growth partly reflects the poor production achieved last year when the weather was either too dry or too wet. ASB Bank economist, Nathan Penny, said that ASB has increased its milk growth forecast from...

Nestle nibbles on healthy snacking and plant-based food start-ups

[4 October/Food Dive] Nestle USA worked with three start-ups as part of the Terra Food and Agriculture Accelerator which was founded by RocketSpace and Rabobank. It first announced it would work with Terra and other collaborators in 2017 to select and coach start-ups in the food and agricultural industry. It would work with Jackson’s Honest,...

Investment needed for NZ red meat sector to realise sustainable advantage – industry report

[9 October/Rabobank] According to a report by Rabobank, increased investment into the ethical and sustainable aspects of New Zealand’s red meat production systems could deliver a range of benefits to the sector. It said regulation of the New Zealand agricultural sector was set to tighten over the next year due to concerns about the impact...

NZ farmer confidence slides into negative territory

[27 September/Rabobank] New Zealand farmer confidence in the primary sector fell from the previous quarter. They were now at negative levels for the first time since early 2016. Confidence rose amongst sheep and beef farmers, however fell among dairy farmers. The main reasons for the decreased confidence were concerns around Government policy and falling commodity...

Developments in US could affect NZ beef

[5 September/Rural Life] An industry report said developments in the U.S. market could impact New Zealand beef producers in the second half of the year. Rabobank Animal Proteins Analyst, Blake Holgate, said factors including building protein levels and trade policy were creating uncertainty and market volatility. The U.S is a key market for beef exports....

All eyes on the US market for NZ beef producers

[3 September/Rabobank] According to an industry report, while global beef priced held up well in the first half of the year, a range of changes in the U.S. market had the potential to affect global beef trade and impact New Zealand producers. In a report, Rabobank said activities in the U.S. were the focus of...

Westland shareholders to get update on strategic review

[20 August/The Country] Westland Milk Products is expecting to give shareholders an update on a strategic review before Christmas. Board Chairman, Pete Morrison, said it had begun implementing a new strategy that was focused on more segregated, higher value added products. The scope of the review includes Westland’s future ownership structure with options on the...