Home > Rabobank releases June edition of the Agribusiness Monthly for Australia and New Zealand

Rabobank releases June edition of the Agribusiness Monthly for Australia and New Zealand

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Rabobank  has released the June edition of the Agribusiness Monthly for Australia and New Zealand. The report covers all the major agricultural sectors important to Australia and New Zealand.

Rabobank’s Agribusiness Monthly covers the current climatic conditions as well as the seasonal outlook for the June to August period. Food retail sales, grain and oilseed crop markets, beef and venison exports, sheepmeat and dairy prices, cotton and wool, sugar, wine as well as crude oil are some of the topics covered in the report.

Key highlights of the Agribusiness Monthly:

  • Winter rain expected across Australia and New Zealand in the coming months
  • On the retail front, further positive signs in Australia and New Zealand
  • Flat global wheat prices throughout May as markets shifted focus from tight old crop stocks to pending new crop production
  • Beef prices improved slightly and Australian beef exports hit 100,000 tonnes for the first time
  • Widespread rainfall across the southern states helped lift Australian lamb prices in May
  • Australian and New Zealand dairy farmers received signs of a much better milk price in 2013/14
  • New Zealand fertiliser companies have announced cuts in retail prices for nutrients for their customers
The latest report is now available online.

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