Enthusing to local media over the bumper 2013 harvest, New Zealand Winegrowers are talking up higher prices and outstanding wines from the 2013 harvest, in spite of it being the largest volume on record. An increase of 28.5% in the crop to 345,000 tonnes makes it 5% higher than the ‘disastrous’ vintage of 2011 when oversupply drove down prices and forced a boom in bulk wine exports from New Zealand.
Agribusiness banking specialist Rabobank has moved to reassure clients impacted by drought conditions in the North Island that it will work to support them through the current difficulties.
In a summary of the international beer business, a recent report by international agribank Rabobank warns that a return to mass market brewing and standardised tastes is possible, as consolidation of the business continues.
A new report by the world’s leading agribank, Rabobank, shows that sales of own brands in US retail continues to grow, in spite of a marked decline in both European and Australian markets in the past year. The report, What Would Apple Do? How Can U.S. Branded Food Companies Withstand the Retailer Brand Onslaught predicts that one in every three products sold in the US will be an own brand by 2025.
According to Rabobank Food & Agribusiness Research and Advisory, high prices for meat, not seen in the EU since the severe disease outbreaks of bovine spongiform encephalopathy (BSE) in late 2000 and foot-and-mouth disease in early 2001, will be standard throughout 2012.
The emergence of new production regions outside the Mediterranean basin is facing the global olive oil industry, in much the same way that European winemakers faced competition from the New World 40 years ago.
Rabobank’s latest report on the state of New Zealand dairying suggests that the industry is heading into a period of more difficult financial conditions.
The global Kiwifruit Vine Health / Zespri Psa Research and Development Programme, has gained the sponsorship of the ANZ National bank.
Dutch-based cooperative bank Rabobank has increased its share of agricultural lending in the New Zealand market.
In its latest summary of the global dairy industry, agricultural banking specialist, Rabobank predicts the decline in dairy pricing over the past 12 months will continue throughout 2012.
European producers are set to release an extra 9 billion litres of milk into the international market when dairy quotas are lifted by the EU by 2015.
Higher commodity prices but ongoing, perhaps even increased, volatility will characterise the global food and agribusiness sectors this year, according to Rabobank’s 2011 New Zealand Agriculture in Focus report.