Beef prices climb as supply contracts in key markets
With production volumes contracting in most major beef-producing regions, global cattle prices have continued to rise across recent months.
Rabobank says the relocation of the bank's head office to Hamilton marks a new chapter for the bank.
Rabobank New Zealand chief executive Todd Charteris says the bank is now located at heart of the vibrant Waikato food and agri region.
"The new Rabobank Centre will be a place where our employees, farmers and community leaders can come together to share ideas to further advance the industry and to help the bank's clients achieve their goals," he says.
"But this is about much more than opening a new office. It's about making a statement about who we are and what we stand for.
"It's about helping us embed a minset across out business centred on getting closer to our clients regardless of where we work across New Zealand, so we can make even better and more effective decisions for them."
Charteris says the Waikato is a real hub for food and agri innovation and development.
"We feel we are now ideally positioned to support our clients and to further grow our New Zealand business."
The new head office in Union Square houses employees: 50 head office staff based in Wellington previously joined in the new building by members of the Waikato regional team who had previously been based in the bank's Hamilton office on London Street.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.