Avocado growers set for big production rebound next season
There will still be an estimated 128,000 metric tons of avocado fruit in the alternative 2024-25 season with 170,000 metric tons tipped for season 2025-26 Avocado growers are used to the seesaw in production, where every second season takes a breather and can produce up to 25% less than the previous season. This is a […]
Global dairy commodity prices rise strongly from early 2025
Industry experts are contemplating whether dairy prices will rise further in the second half of 2025 or stumble under fragile demand Global dairy commodity prices have continued to climb in most key exporting countries in recent months, defying expectations and economic headwinds. But according to Rabobank in a newly-released report, it indicates ‘downside’ risks are […]
Rabobank offers support for farming clients affected by NSW Mid North Coast floods
Rabobank has announced a package of support measures that will be made available to farming clients dealing with the impacts of devastating floods along the NSW Mid North Coast. Rabobank state manager for NSW Toby Mendl said the specialist agribusiness bank has a range of measures in place to support clients dealing with the “record-breaking floods” […]
RBA base cash rate cut of 25 basis points in May will see the full cut pass to farm borrowers
The Reserve Bank of Australia (RBA) has reduced the base rate for the second time this year, with a reduction of 0.25% from 4.1% to 3.85%. A rate not seen since April 2022. Many farm operations will welcome the rate relief, and it is expected most banks will pass the full discount to borrowers. Rabobank […]
Winter crop plantings expected to reach a record high for 2025-26
In a rush to continue high income levels grain growers expect to plant a record-breaking 24.5 million hectares of winter crop Many industry analysts have been suggesting growers are heading towards a record-high winter crop planting for season 2025-26, and Rabobank backs that scenario in its just-released 2025-26 Australian Winter Crop Outlook. The annual outlook, […]
Varroa mite impacts pollinators vying to increase production
The demand is high for more horticultural crop production but varroa mite infestations are causing grief for many growers Potential declines in bee populations due to varroa mite infestation could jeopardise horticultural production, according to a newly-released report. The agribusiness banking specialist Rabobank is behind the report, explains how the parasitic varroa mite, that attacks […]
Rabobank announces support for farming clients affected by Queensland floods
Rabobank has announced a package of support measures that will be made available to farming clients dealing with the impacts of devastating floods in outback Queensland. Rabobank group executive Country Banking Marcel van Doremaele said the specialist agribusiness bank stood ready to assist clients who are contending with an unprecedented scale of flood water across […]
Dairy farmers experts at keeping a lid on costs considered global leaders
While worldwide there is a structural uplift in dairy production costs local farmers continue to remain among the lowest-cost producers The cost of producing milk in Australia continues to compare favourably with other dairy-exporting regions, despite there being a structural lift in global milk production costs across the past five years. According to a new […]
Food price inflation is still the same stubborn annual level as the previous year
Take away all the rebate goodies and special offers from the government and the underlying inflation rate for food in 2024 is the same as in 2023 at 3.3% While overall headline inflation eased in the latest quarter, the annual rate of food price inflation held fast at 3.3% according to the latest quarterly Consumer […]
Cattle market is in balance with price upside potential ahead
With the Bureau declaring El Niño is over it’s expected beef prices will be relatively stable in 2024 trading in a band between 600 to 750c/kg cwt The cattle market is sitting in a “state of balance” – with improved beef production waiting on an increase in demand – while an upside in prices is […]