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

 


Feb 2014 Rabobank Agribusiness & Rural Economic Monthly

February 2014 - Rabobank Agribusiness Monthly & Rural Economics Monthly

The Rabobank Agribusiness Monthly provides timely information and analysis on agricultural conditions, commodity price updates and commentary on the latest sectoral trends and developments. In conjunction, the Rural Economics Monthly provides a useful overview of the key macro developments in the local and global economies while also covering specific economic developments relevant to New Zealand and Australian agricultural sectors.

Key highlights
Agribusiness Monthly

• Beef – Strong Chinese demand drives growth in beef exports

• Dairy – Chinese supply issues to drive commodity markets in 2014

• Other costs – Baltic Dry Index weak as global economy takes wrong turn

• Fertilizer - All eyes on demand fundamentals in 2014

• Climate - Mostly normal outlook for New Zealand

• Currency – New Zealand dollar supported by solid economic growth



View the full report

Rural Economics Monthly


• The RBNZ leaves the official cash rate on hold in January, but makes its future intentions very clear

• New Zealand rural commodity prices lift further in January on higher dairy prices and a lower NZD

• Global GDP growth is expected to strengthen in 2014 as major advanced economies assume a greater role

• Removal of monetary stimulus in the U.S. will elevate the USD, but the NZD isn’t expected to yield


View the full report


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news