Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search


Rabobank Agribusiness Review November 2008

Please find attached a link to Rabobank’s November 2008 Australia and New Zealand Agribusiness Review.

Prepared by the bank’s Food & Agribusiness Research and Advisory division, the report provides monthly commentary on New Zealand and Australian economic and agricultural conditions. Highlighted in this report:

• Neutral SOI conditions are predicted to continue into early next year and there is now very little potential for El Niño or La Niña conditions to develop during this time.

• The chaos continued in the global financial markets during October, with confidence in the global economy increasingly unstable. IMF slashed its global growth forecasts for 2009 to just 2.2%.

• Flow-on from the global financial chaos has impacted price and demand expectations for most commodities over the past month. Prices for grains, dairy, beef, lamb, wool and cotton have all declined, reflecting the magnitude of the collapse in confidence.

• Weaker local currencies has helped offset the falls in most export commodity prices but continue to have the reverse effect on farm input prices.

To view the full report, please click on the link below:

Australia and New Zealand Agribusiness Review


© Scoop Media

Business Headlines | Sci-Tech Headlines


By May 2018: Wider, Earlier Microbead Ban

The sale and manufacture of wash-off products containing plastic microbeads will be banned in New Zealand earlier than previously expected, Associate Environment Minister Scott Simpson announced today. More>>


Snail-ier Mail: NZ Post To Ditch FastPost

New Zealand Post customers will see a change to how they can send priority mail from 1 January 2018. The FastPost service will no longer be available from this date. More>>


Property Institute: English Backs Of Debt To Income Plan

Property Institute of New Zealand Chief Executive Ashley Church is applauding today’s decision, by Prime Minister Bill English, to take Debt-to-income ratios off the table as a tool available to the Reserve Bank. More>>


Divesting: NZ Super Fund Shifts Passive Equities To Low-Carbon

The NZ$35 billion NZ Super Fund’s NZ$14 billion global passive equity portfolio, 40% of the overall Fund, is now low-carbon, the Guardians of New Zealand Superannuation announced today. More>>


Split Decision - Appeal Planned: EPA Allows Taranaki Bight Seabed Mine

The Decision-making Committee, appointed by the Board of the Environmental Protection Authority to decide a marine consent application by Trans-Tasman Resources Ltd, has granted consent, subject to conditions, for the company to mine iron sands off the South Taranaki Bight. More>>