Across the globe, beer consumption suffered from the Covid-19 pandemic in the early stages of 2020. In some countries – such as South Africa – alcohol consumption was restricted, while others – like Mexico – classified brewing as a non-essential activity and ceased beer production. “In most countries, consumers faced a lockdown and the on-premise … Continue reading Beer consumption suffered during lockdown
All eyes are on Australia’s developing winter crop as global grains markets look to Australia to offset a poor European harvest hit by drought, an international grains strategist has told local growers. Rabobank London-based global grains and oilseeds strategist Stefan Vogel, speaking on the bank’s Australian Grain Mid-season Webinar, said when it comes to wheat … Continue reading Grain markets look to Australia to fill European shortfall
Having endured the full brunt of COVID-19’s disruption – decreased consumption, distribution hold-ups, plunging oil prices and diving commodity prices – the global sugar industry is now looking towards recovery, according to Rabobank’s latest global Sugar Quarterly report. As lock-downs ease and foodservice resumes, world sugar prices are starting to rebound, with the ICE #11 … Continue reading Sweet outlook for global sugar markets
Opposing forces will dominate the Australian cattle market in 2020, with limited supply and strong local demand driving prices, but tempered by the global COVID-19 disruption, according to Rabobank’s Australian Beef Cattle Seasonal Outlook. The just-released report, titled The Battle of the Bulls versus Bears, outlined that despite the market being seriously tested by contracting … Continue reading Strong domestic cattle market to counter global pandemic
Increased use of precision agriculture practices and other workarounds can play a key role in softening the impact of potential agricultural input shortages due to COVID-19, agribusiness specialist Rabobank said in recent research. As the nation’s grain growers begin sowing the winter crop – in some of the most favourable seasonal conditions experienced in recent … Continue reading Softening the COVID-19 disruption risk
While the local dairy industry has remained buoyant thanks to recent record-high milk prices and export returns, Rabobank’s Australian Dairy Seasonal Outlook warns caution as COVID-19 diminishes demand, and prices, globally. The full impact of COVID-19 on the global dairy market remains unclear, however the report – titled A Global Storm is Coming – said … Continue reading Dairy to tread cautiously through COVID-19 challenges
Rabobank has released its 2019 Food Waste Report showing that Australians spent a total of $10.1 billion in 2019 on food that ended up in our bins rather than in our stomachs, up from $8.9 billion in 2018. The Rabobank Food Waste Report highlights that Aussies are now wasting an average of 13 per cent … Continue reading Australian’s annual food waste bill hits $10.1bn
Australian grain-fed beef on the rise, with opportunity to triple exports to China Grain-fed production is set to play a larger role in Australia’s beef sector, with the opportunity to triple the nation’s exports of grain-fed beef to China by 2030, according to new industry research. In its report, Opportunities For Growth in Australian Grain-Fed … Continue reading Research shows huge opportunity for grain-fed beef sales to China
Some of the biggest names in agribusiness in Australia and New Zealand have been recognised for their leadership in the sector – and this year two more will join their ranks, with nominations now open for the 2019 Rabobank Leadership Awards. Last year, the two industry accolades, the Rabobank Leadership Award for an accomplished senior … Continue reading Nominations sought for 2019 agribusiness leadership awards
Australia is staring down the barrel of another lower-than-average winter crop, as ongoing dry weather hinders planting across much of the nation, according to Rabobank’s newly-released Australian 2019 Winter Crop Outlook. With many major cropping regions in the eastern states – as well as South and Western Australia – having begun the season with below-average … Continue reading Winter crop yields down – Rabobank
A combination of extreme dry weather and damaging frost will deliver Australia its smallest winter crop in 10 years, according to Rabobank’s 2018/19 winter crop production outlook. The agribusiness bank forecasts a national harvest of just 29.3 million tonnes, down 23 per cent on last year. Were it not for the better harvest prospects in … Continue reading Australia facing smallest winter crop in 10 years
The chief executive officer of Nuffield International Jim Geltch has taken out the 2018 Rabobank Leadership Award. Th recognises the role he has played developing upcoming leadership in the Australian and New Zealand food, beverage and agribusiness sectors. Geltch, who was appointed inaugural CEO of Nuffield International in 2016, was announced as recipient of this … Continue reading Nuffield International CEO receives Rabobank leadership award
Rabobank Australia and New Zealand has appointed Karin van Selm as group executive for wholesale banking. In her current role, as the bank’s general manager of corporate banking, van Selm provides for the increasingly complex requirements of Rabobank’s large corporate clients operating in the food and agribusiness sector. She’s worked in her current role with … Continue reading Rabobank appoints new group executive with extensive knowledge of food and agribusiness sector
For the second consecutive year, there are no new entrants to the Rabobank’s Dairy Top 20 list, but there’s been a slight shuffle in rankings. The world’s largest food and beverage company, Switzerland’s Nestlé, reigns supreme on the list, but the gap between number one and number two has narrowed. French Lactalis swapped places with … Continue reading Shift in rankings of companies listed in Rabobank Global Dairy Top 20
Rabobank has said in a press release that dairy alternatives are on a rise as consumers are increasingly going dairy-free, particularly when it comes to fluid “milk” used on things like cereal or in coffees. More recently, biotechnology has entered the arena, brewing milk proteins through biofermentation. The time is right for the dairy … Continue reading Rabobank recommendations to respond to dairy-free
Rabobank Australia & New Zealand Group has announced the appointment of Jillian Segal AM to its boards.
As 2017 draws to a close, international sugar prices are struggling to reach US14 cents a pound, having started the year at almost US19 cents per pound as the 2017/18 international crop year remains on track for a surplus, according to Rabobank’s latest Global Sugar Quarterly.
The global beef industry is expected to expand again in the coming year, with competition becoming more intense, according to Rabobank’s latest Global Beef Quarterly report.