Posts tagged "Rabobank"

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...

Rabobank and UN Environment kick-start $1 billion program to catalyse sustainable food production

[17 October/Rabobank Press Release] Rabobank has announced its global activation program ‘Kickstart Food’. This initiative aims to accelerate the transition to a sustainable food supply through four key focus areas: Earth, Waste, Stability and Nutrition. One of the first steps in this program will be the launch of a $1 billion-dollar facility to initiate land...

Rabobank re-assesses the current Chinese dairy industry and their markets, seeing imports grow by +7 percent in 2018

[9 October/ interest.co.nz] Average farmgate milk prices in China in September were CNY 3.43/kg. Average milk prices in US dollar terms have increased by 2.2 percent to USD0.53/kg. Milk prices for large farms are recovering, however, remain 6 percent below last year’s levels. Heat stress has impacted production volumes causing shorter supply. Rabobank decreased the...

Chinese demand boosts dairy returns: Rabobank report

[9 October/ Stuff] Rabobank said China’s incapability to produce enough milk for its domestic market means the nation will rely on imports, mainly from New Zealand and Australia. This year, China has imported 13 percent more dairy products compared to the prior year. Rabobank forecasts a farmgate milk price of $6.50 per kilogram of milk...

New Zealand’s rampant dairy growth drawing to a close: Rabobank

[15 August/Stuff: NZ Farmer] A new report from Rabobank New Zealand, Survive or Thrive, says the runaway growth of New Zealand’s dairy industry over the last 20 years will soon come to a standstill as environmental limits are reached. There has already been a marked slowdown in farm conversions and expansion of existing platforms which...

Nestlé holds on to top spot in Rabobank’s global dairy top 20

[12 July/ Dairy Reporter] The Global Dairy Top 20, looks at dairy turnover in billions of US dollars to create its chart. Nestlé has retained its number 1 ranking, with USD24 billion. Danone is now the number two company at USD18.3 billion, with Lactalis in third place at USD18 billion. The data Rabobank used for...

NZ fruit & vegetable sector urged to watch consumer trends

[17 July/ Rabobank Media Release] Rabobank’s California-based Senior Fruit and Vegetable Analyst Dr Roland Fumasi said there is a great potential for New Zealand to increase fruit and vegetable produce sales; however, the industry must anticipate and respond to evolving consumer consumption patterns to maximise export opportunities. Dr Fumasi said the growing middle-class population in...

Lower beef supply keeps prices firm

[4 July/ Otago Daily Times] Rabobank’s beef quarterly report said decreased beef supply from Australia and New Zealand should hold United States import prices firm over the coming months, however, downward pressure on prices could be expected in the second half of the year as US domestic production increased. Strong global demand and tightening domestic...

Food Industry Leaders Take a Full-Systems Approach at Mixing Bowl Hub in Silicon Valley

 [28 June/ AgFunder News] Food tech and agtech start-ups, investors, non-profits, and other stakeholders met at the Mixing Bowl Hub in Silicon Valley to discuss how downstream consumer decisions affect upstream food decisions and the reverse. Walmart’s venture arm Store No.8 Principal Katie Finnegan said Amazon’s Whole Foods acquisition highlights that brick and mortar is...

Rabobank launches investment initiative to promote innovation

[18 May/ Food Navigator] Rabobank announced the launch of the Rabo Food & Agri Innovation Fund, allowing high-potential, early-stage food and agri companies to receive between EUR500,000 to EUR3 million in funding and support from the bank as part of Rabo Private Equity. The programme has a focus on over 30 countries across Western Europe...

Survey finds modest lift in farm employee salaries

 [9 May/ Federated Farmers Press Release] The 2017 Federated Farmers-Rabobank Farm Employee Remuneration survey shows a modest rise in farm employee salaries over the last 12 months. The mean salary for grain farm employees increased 2.3 percent since the 2016 survey, while the mean salary increased 1.8 percent and 0.3 percent for employees on sheep...