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“Moment of truth” for New Zealand agriculture in 2017
“Moment of truth” for New Zealand agriculture in 2017 – industry report
New Zealand agriculture faces a “moment of truth” in 2017, according to a report by agribusiness banking specialist Rabobank.
In its recently-released New Zealand Agricultural Outlook 2017 report, Rabobank says as an industry traditionally characterised by a liberal operating environment, and a key beneficiary of several decades of global shift to freer trade, agriculture faces a period of heightened regulatory uncertainty and change on both fronts.
Releasing the report, Rabobank Country Banking general manager Hayley Moynihan said 2017 was ushering in a period of considerable change and uncertainty for New Zealand agriculture with developments throughout the year likely to have a significant impact on the sector’s prospects this year and in the years to come.
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