Posts tagged "Rabobank"

‘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...

Rabobank issues Global Dairy Top 20 – no new entries and Nestle stays top

[26 July/Dairy Reporter] According to a Rabobank Research report, dairy price recovery in 2017 positively affected the turnover of the top 20 companies. Rabobank Senior Analyst, Peter Coppes, said for the second year running there were no new entrants into the Dairy Top 20 list. The USD5 billion threshold was hard to achieve due to...

Rabobank predicts 2% NZ milk production growth in 2018/19

[19 July/NZ Herald] Rabobank expects New Zealand milk production to grow by 2 percent in the current season, and a farmgate milk price of $6.80 per kg of milksolids. The bank said the milk pool for the current season would grow again if the weather was favourable. It noted it would be a real test...

Farmer confidence ‘hanging in the balance’ amid M. bovis concerns

[5 July/NBR] According to a Rabobank survey, the impacts of Mycoplasma bovis were the main reason for a 100 percent rise in the number of farmers who expected the rural economy to worsen. Rabobank New Zealand General Manager for Country Banking, Hayley Gourley, said confidence was hanging in the balance with the number of farmers...

Falling global supply growth sets tone for strong 18/19 dairy season

[22 June/Rabobank] According to Rabobank’s Dairy Quarterly report, supply growth stalled across the major dairy regions in recent months. A New Zealand milk price of $6.80 was now within reach according to the report. The bank said that with milk supply growth out of Europe and the U.S. failing to meet market expectations, global farmgate...

Supply pressure building in major world beef markets

[30 May, Rabobank] There was a positive start to the global beef sector in 2018, however building pressures had the potential to change the export market dynamics. A report by Agribusiness Banking Specialist, Rabobank, said supply pressure was growing in global beef markets due to dry weather conditions in the U.S., a surplus of animal...

US beef market poses threat to New Zealand returns this year – visiting expert

[18 May/Rabobank] It is likely there will be pressure on global beef trade and prices if the forced slaughter of U.S. cattle goes ahead according to Rabobank’s Senior Animal Protein Analyst, Don Close. He said the U.S. was both the dominant export destination for New Zealand beef as well as a competitor with New Zealand...

NZ farmers eye third straight year of strong dairy prices

[14 May/NZ Herald] Economists said New Zealand dairy prices were set to be $6 plus for the third year in a row. Fonterra was expected to issue its opening forecast for the coming 2018/19 season later this month. While rural lending specialist, Rabobank, said the season would ultimately deliver a $6.40 per kgMS, ANZ Rural...

Rabobank forecasts $6.40 per kgMS milk price for new season

[10 May/Dairy News] Rabobank predicts a shaky start, but a strong finish to the 2018-19 milk season starting 1 June. Rabobank said New Zealand dairy farmers had enjoyed a period of profitability, and the upcoming season would see this continue. They forecast a farmgate milk price of $6.40 per kgMS. Dairy analyst, Emma Higgins, said...

Global dairy prices drop 1.1 percent

[2 May/Radio NZ] Dairy prices fell in the largest GlobalDairyTrade auction. The average price decreased 1.1 percent. The price of whole milk powder was down 1.5 percent, however there were gains in the price of skim milk powder and cheese. Rabobank Dairy Analyst, Emma Higgins said the drop was not overly concerning. She added that...

NZ wine exports to US grow as global prices rise

[27 April/Radio NZ] It was a big year for New Zealand wine exports into the United States and the industry was also part of a larger global trend seeing increases in the sale of wine into emerging markets. According the Global Wine quarterly report from Rabobank, the supply of wine was tight in 2017 driven...

What’s the cost of rising demand for superfoods?

[22 February/Food Navigator] Rabobank has recently released the World Fruit Map 2018 which shows the pressure that growth in demand for products such as Avocados and Blueberries is having with supply failing to keep up.  Rabobank analysts note that global fruit demand is definitely impacted by superfruit fads with consumers expecting popular products to be...

Changes ahead for wine

[6 February/Otago Daily Times] After a disappointing northern hemisphere harvest in 2017, changes were expected in the global wine sector during 2018. Grape scarcity, higher prices, changes in trade agreements and increased mergers and acquisitions were some of the key factors expected to dominate the global wine industry according Rabobank’s quarterly wine report. During the...

Rabobank advises caution but good year coming for farmers

[2 February/ Radio New Zealand] Farmers could expect another profitable year as long as they make well informed business decisions, according to Rabobank. The driving factor behind their expectations was the stable global markets. However, Rabobank General Manager of country banking, Hayley Gourley, is warning farmers to use the current situation wisely. She emphasised the...

Farmer confidence drops 41 per cent

[5 December/ NZ Herald] The Rabobank Rural Confidence Survey results have shown New Zealand farmer confidence drop in the final quarter of the year and has tumbled 41 percent in the past six months. Rabobank New Zealand General Manager for Country banking, Hayley Moynihan said around 80 percent of farmers who believed the rural economy...

Alternative proteins pose a threat for meat

[27 November/ Otago Daily Times] Rabobank Animal Proteins and Sustainability Analyst, Blake Holgate said the rise of alternative proteins needed to be kept in perspective. Mr Holgate’s statement came after Rabobank released a report showing that alternative proteins were on the verge of becoming mainstream and taking market share from traditional meat products. Alternative protein...

These bikes are sustainable, fast, and made out of wood

[1 November/World Economic Forum] Five years ago Jan Gunneweg and Piet Brandjes started their wooden bike company Bough Bikes. The wooden bikes have become increasingly popular and are now a part of a shared cycling scheme at Amsterdam’s Schiphol Airport business park. Dutch companies including Novotel and Rabobank have also purchased the bikes for their...