INDEPENDENT NEWS

Rabobank Agribusiness Monthly (NZ) - September 2015

Published: Wed 23 Sep 2015 05:19 PM
Rabobank Agribusiness Monthly (NZ) - September 2015
Rabobank’s Agribusiness Monthly provides timely information and analysis on agricultural conditions, commodity price updates and commentary on the latest sectoral trends and developments.
Key highlights
Agribusiness Monthly
• Dairy - Global commodity prices have shown signs of recovery in recent weeks, as international buyers look for short-term cover, given that prices appear to have reached a floor.
• Beef - Steady demand from the US continues to fuel farmgate prices, with record levels reached this September (NZD 6.10/kg cwt). Prices have edged up 33% from last year, supported by seasonal tightening of supplies.
• Sheepmeat - Farmgate prices have continued to improve into September 2015, with supply tightening heading into lambing season.
• Wool - Price improvement has been heavily supported by the weakening NZ dollar. The weighted currency indicator fell below 0.60 in mid-September, helping to push the price rises seen across all wool types.
Click here to View the full report

Next in Business, Science, and Tech

The Narrow Divide: New Poll Shows Tight Political Race For SME Votes
By: MYOB
Further Easing In Monetary Policy Delivered
By: Reserve Bank
Post-lockdown Retail Card Spending Picks Up
By: Statistics New Zealand
Contact delivers for customers, employees and shareholders
By: Contact Energy
OceanaGold Announces Receipt Of WKP Mining Permit
By: OceanaGold
COVID-19 lockdown has widespread effects on labour market
By: Statistics New Zealand
New Research By NZ Post Shows Online Shopping Grew 105% In Alert Level 3
By: New Zealand Post
Ice-olation For Antarctica New Zealand
By: Antarctica New Zealand
July House Price Index illustrates market resilience
By: QV Valuations
Queenstown Rents Experience Biggest Drop In Seven Years
By: Trade Me Property
The Quiet Earth
By: Auckland University
James Shaw says Kiwibank, not ministers should decide on investors
By: RNZ
Kiwis Confident Financial Markets Will Recover From COVID-19, Plan To Increase Investments
By: Financial Markets Authority
Warehouse Using Covid For Cover As Extensive Restructure Makes Everyone Worse Off
By: FIRST Union
Stronger Green Voice Needed Next Term To Stop More Mining On Or Under Conservation Land
By: Green Party
View as: DESKTOP | MOBILE © Scoop Media