New Zealand Agribusiness Monthly May 2018

This monthly update provides a market outlook for dairy, beef, sheepmeat and other key commodities, and gives an overview of what developments to watch in the weeks to come. Highlights Dairy – Drivers of farmer profitability will continue to point to a better season ahead in 2018/19. Beef – Rabobank expects a stabilising US market and weakening NZ...
picture of new zealand farmland

This monthly update provides a market outlook for dairy, beef, sheepmeat and other key commodities, and gives an overview of what developments to watch in the weeks to come.

picture of New Zealand sheep

Highlights

Dairy – Drivers of farmer profitability will continue to point to a better season ahead in 2018/19.

Beef – Rabobank expects a stabilising US market and weakening NZ dollar, ensuring any further price declines are limited.

Sheepmeat – Rabobank expects the seasonal decline in lamb supply, supported by strong market fundamentals, to exert further upward pressure on prices through May.

Source: research.rabobank.com