Displaying items by tag: BANK OF NEW ZEALAND

Bank of New Zealand (BNZ) has introduced a series of new low-rate green loans.

Farmgate prices for dairy and meat this season are likely to be lower compared to the year past, says BNZ senior economist Doug Steel.

T&G Global says it has signed the New Zealand horticulture sector’s first sustainability-linked loan, borrowing $180 million.

BNZ aims to have a $10 billion sustainability financing portfolio by 2025.

Bank of New Zealand (BNZ) has launched an Agribusiness Sustainability Linked Loan (SLL) product available to all New Zealand farmers.

The three f's - namely fuel, fertiliser and feed prices - led the pack in double digit on-farm cost increases over the last year.

A $9/kgMS milk price is becoming a real prospect with global dairy prices showing no signs of easing.

Dairy prices have ended a six month poor run, giving stronger hope to an $8 farmgate milk price this season.

Many agricultural loans will now be guided by sustainability considerations including climate change mitigation and adaptation, water use, waste minimisation, labour rights and animal welfare.

Fonterra's wide forecast milk price range for the new season is realistic, says BNZ senior economist Doug Steel.