Rabobank flags rising global dairy prices, warns of downside risks ahead
While global dairy commodity prices continue to climb in most key exporting countries, the second half of the year is expected to bring increased downside risks.
Rabobank sponsors Smedley graduates in relevant diploma and degree courses.
“Rabobank is proud to provide bursaries to cadets graduating from the station to do further studies and build their agricultural careers,” says Rabobank East Coast regional manager George Murdoch.
The cadets who got the bursaries are Philip Cutbush, Watarawi Ngata, Dean Wardle, Ben Galloway and Jack Virtue.
Smedley Station is held in trust by Public Trust for the Crown, and is administered by Public Trust’s national farm centre managed by Rodd Hutton.
“Smedley Station is grateful for the support given by Rabobank and its generosity in funding further education for Smedley cadets,” Hutton says. “Cadets get real farming experience and every decision affects the welfare of the station. Cadet training is funded directly from Smedley revenue.”
Smedley is one of 30 farms administered by Public Trust. The farms range from 48ha. Five are in the South Island, the rest in the North Island, mostly in Waikato/Bay of Plenty, Taranaki and Hawke’s Bay.
