Posts tagged "Rabobank"

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...

Global dairy prices rise again

[19 April/ Radio New Zealand Rural] The latest GlobalDairyTrade auction resulted in the average price increasing 3.1% of USD3,139 per tonne, the third consecutive increase.  The key Whole Milk Powder gained 3.5% to USD2,998 per tonne while skim-milk powder, butter and cheddar cheese prices also made gains overnight.  Rabobank analyst, Emma Higgins, said global dairy...

Value of NZ wine to US tops Australia

 [19 April/ Otago Daily Times] Rabobank’s latest Wine Quarterly report shows that the value of bottled and bulk wine imported into the USA from New Zealand now exceeds those of Australia.  The value of US imports from New Zealand increased 11% to USD400 million, while imports from Australia fell 9% to USD351 million.  In volume...

NZ farmgate milk price may lift next season as Chinese demand improves, Rabobank says

[18 April/ National Business Review] New Zealand dairy farmers are expected to receive a higher payout next season as global output remains low while Chinese demand increases, controlling prices. Rabobank forecast a farmgate milk price close to $6.25 per kilogram of milk solids for the upcoming season, ahead of Fonterra’s $6/kgMS forecast for the current...

Dairy output headed for 20-year lows; Farming

[8 April/ The Sydney Morning Herald- Australia] Rabobank has forecasted Australia’s dairy output to fall up to 7 percent to a 20-year low of less than 8.9 billion litres for 2016-17. The recent increase in product prices and flooding in some areas have revived sentiment in some quarters. Rabobank also noted slight improvements in farm...

3 Female Agtech Founders Win FoodBytes! SF During Women’s History Month

 [31 March/ AgFunder News] Three women-led start-ups won Rabobank’s FoodBytes! 2017 San Francisco event, beating more than 160 start-ups. Vega Coffee, a direct-to-consumer coffee subscription empowering coffee farmers, received the Judge’s Choice Award. Evaptainers, a start-up creating electricity-free refrigeration received the People’s Choice Award, and Pure Cultures, creating probiotics for pet and livestock health, received...

NZ farmers start year on positive note, fuelled by renewed optimism in horticulture, beef & sheep sectors

[23 March/Media Release] 2017 has begun on a positive note for New Zealand’s farmers, with rural confidence levels slowly increasing, primarily driven by renewed optimism among horticulture and beef and sheep producers. The first quarterly Rabobank Rural Confidence Survey for the year has highlighted net farmer confidence has risen to 27 percent, compared to 25...

PepsiCo, Nestle among companies in sustainable food programme

 [20 January/ Food Business News] Twenty five global food and beverage manufacturers have announced the formation of the FReSH initiative – the Food Reform for Sustainability and Health Program.  The programme’s goal is to accelerate change in global food systems to deliver everybody with a healthy diet of food produced within planetary boundaries.  The programme,...

Record global supplies to challenge beef prices in 2017

[16 December/ Rabobank Media Release] According to Rabobank’s latest Beef Quarterly Report, an increasing supply of beef globally has been putting downward pressure on beef prices, with the trend expected to continue into 2017. Report Author, Matthew Costello said New Zealand farmgate prices would come under increasing pressure in 2017. Mr Costello explained that this...

Record stocks to keep food prices low in 2017: Rabobank

[23 November/ Reuters] According to a recent Rabobank report, world food prices should remain low during 2017 due to record high stocks. The report explained that although prices would remain low, they would likely stop decreasing due to rising global demand and inflation in developing countries. The report added that prices would largely depend on...