Tag: Rabobank

Rabobank Beef Quarterly Q3 2015: Volumes Reaching Quotas

Press Release – Rabobank New Zealand and Australia beef exports to the US are set to reach their quota limits in Q4. Meanwhile, global economic conditionssuch as the appreciation of the US dollar and the depreciation of the yuan and the realare having an impact on beef … Rabobank Beef Quarterly Q3 2015: Traded Volumes Are Reaching Quota Limits New Zealand and Australia beef exports to the US are set to reach their quota limits in Q4. Meanwhile, global economic conditions—such as the appreciation of the US dollar and the depreciation of the yuan and the real—are having an impact on beef trade, according to the Rabobank Beef Quarterly Q3. A strong US dollar has led to a reduction in US exports and support for US imports, while a weakening Chinese economy and devaluation of the yuan are curbing beef prices in China, and the devaluation of the real is expected to support Brazilian exports in the coming months. “With little change expected in major beef-trading economies in the coming quarter, other than a possibility of the US FOMC raising interest rates, a strong US currency is expected to continue to affect global beef trade”, according to Angus Gidley-Baird, Senior Animal Protein Analyst at Rabobank. Highlights from the Beef Quarterly Q3 2015 • New Zealand and Australia exports to the US are reaching quota limits, which—combined with the availability...

Read More

Getting NZ agriculture on global market access ‘VIP’ list

Press Release – Rabobank Priority must be given to policy and regulatory settings that improve market access for New Zealand exporters, with a heightened focus on the negotiation of Free Trade Agreements and building business-to-business and government-to-government working …Getting New Zealand agriculture on the global market access ‘VIP’ list Priority must be given to policy and regulatory settings that improve market access for New Zealand exporters, with a heightened focus on the negotiation of Free Trade Agreements and building business-to-business and government-to-government working relationships, according a new report by global agribusiness specialist Rabobank. Further leveraging New Zealand’s world class production and supply chain systems is also of utmost importance, the report says. Releasing the research report, Competitive Challenges – Getting on the global market access ‘VIP’ list – Rabobank animal proteins analyst Matt Costello says improving market access is critical for the future growth and success of New Zealand agriculture, given the importance and reliance on exports across all sectors. “New Zealand remains the envy of most countries, having already achieved an FTA with China, the world’s largest importer of agricultural products,” Mr Costello says. “It is important that New Zealand reaches an agreement with Korea and negotiations through the Trans Pacific Partnership agreement progresses.” However, Mr Costello says improving market access through FTAs is only half of the equation. “Political and regulatory risks remain in the form of...

Read More