23rd November 2023 Sustainability / WestpacWestpac New Zealand has announced new emissions intensity targets for some agri-customers.
11th October 2023 Economy / WestpacRural-focused New Zealand is suffering from a downturn in commodity prices and the severe weather earlier in the year, however, the impacts are not being felt evenly, according to Westpac.
10th August 2023 WestpacAgricultural commodity prices are expected to get worse, before they get better, according to Westpac’s latest Economic Overview report.
18th May 2023 Exports / WestpacA difficult start to 2023 due to extreme weather and cost inflation will give way to a better half of the year for growers and farmers, according to Westpac.
14th December 2022 Regions / WestpacThe regions producing meat and dairy have fared well but those reliant on horticulture have seen mixed fortunes, according to Westpac.
16th November 2022 WestpacWestpac has cut its 2022/23 milk price forecast to $8.75/kg, with larger than average falls also forecast for meat prices and a ‘mixed bag’ forecast for the horticultural sector over the coming six months.
16th August 2022 Exports / WestpacInput prices for Kiwi exporters are also on the way down with costs like shipping container rates falling 40% compared to a year ago.
17th June 2022 Economy / WestpacWith agricultural incomes set to remain firm, regions with a food-producing rural backbone should continue to outperform their big city counterparts, according to Westpac’s latest Regional Roundup.
18th June 2021 Regions / WestpacRural areas have done well but the year ahead may not be so rosy for some growers, says the bank.
18th May 2021 Exports / WestpacStrong global demand and restricted supply have resulted in sweet spot for NZ commodities pushing up prices and export volumes.
