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Rabobank Best of The Country: November 25, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank Global Animal Protein Analyst, Angus Gidley-Baird, to discuss the bank’s latest Global Beef Quarterly report. Plus, we previewed the rural telethon - The Big Feed - coming up next month out of Lincoln University, aiming to raise more than one million meals.
Rabobank gets whopping fine for cartel participation Dutch bank Rabobank is facing a €26.6 million fine from EU antitrust regulators for its involvement in a decade-long euro-denominated bonds trading cartel. Deutsche Bank managed to avoid a fine of almost €156 million by alerting the European Union's competition watchdog to the cartel.
Rabobank hit with $29 mln EU fine over 2006-16 bond cartel Dutch bank Rabobank fined for taking part in a euro-denominated bonds trading cartel. European Commission said the cartel operated between 2006 and 2016. Banks around the world have been fined billions of euros by antitrust enforcers.
Auroa School kids learn about agriculture from George the Farmer books Auroa School was one of 45 schools across the country to win some new books from Rabobank by explaining, in 100 words or less, why they would love to win them. The school library now has six books from the George the Farmer series in its collection. South Australian author Simone Kain wrote the book and educational resource series.
New Zealanders lost $200m to scams, banks say New data shows that almost $200 million has been lost to scams over the past year. The data was released by the Ministry of Business, Innovation and Employment (MBIE) It shows that across ANZ, ASB, BNZ, Co-op Bank, Heartland, Kiwibank, Rabobank, SBS, TSB, Unity and Westpac, New Zealanders lost $198,372,837.17 in the year to September.
Why buying groceries should be less painful in the months ahead Food inflation should ease in 2024, Rabobank says. Increased supplies will help put the brakes on escalating costs, the bank says. But weather and possible restrictions on Russian exports will keep wheat prices elevated.
Rabobank Best of The Country: November 11, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s head of sustainable business development, Blake Holgate, for a chat about how much Kiwis spend on food each week. Recent research showed households now spent an average of $238 a week on food (up 9 per cent from a year ago), and 21 per cent spent more than $300 a week.
The Country Full Show: Monday, November 6, 2023 Jamie Mackay catches up with former National Party Minister of Finance and Minister of Transport, Steven Joyce, to pick his brains about the latest government. East Coast farmer and bush poet, Graeme Williams, has penned an open letter/plea to Winston Peters. Rabobank’s head of sustainable business development, Blake Holgate, says households now spend an average of $238 a week on food.
Rabobank Best of The Country: November 4, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s chief executive Todd Charteris to announce the winner of the Good Deeds competition. Sir John Key joined us to talk farming, footy, the Chinese economy and Winston Peters. Ian Kirkpatrick shared his frustration at the direction our national game is heading in.
Adani Green Energy in talks to borrow $1.8 billion loan | Mint Adani Green Energy, the renewables firm of Indian billionaire Gautam Adani, is in talks with a group of foreign lenders to borrow as much as $1.8 billion. The banks involved include Barclays, BNP Paribas, Deutsche Bank, First Abu Dhabi Bank PJSC, Rabobank and Standard Chartered.
Rabobank Best of The Country: October 28, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s senior macro strategist Ben Picton, to find out what effect the escalating Israel-Gaza conflict will have on world money and ag markets. Andrew Hoggard and Grant McCallum are two former farmer correspondents now newly-elected politicians, for Act and the Nats respectively.
Rabobank Best of The Country: October 21, 2023 This week on the Best of The Country, Rowena Duncum caught up with Rabobank’s senior dairy analyst Emma Higgins, to find out more about the latest Global Dairy Trade Auction result. We also talked a bit of footy with the former chairman of the NZRU.
Winter crop production to fall amid drier conditions Rabobank's 2023/24 Australian winter crop forecast is predicting 48.72 million tonnes this year. That's down by 24 per cent on last season's record-breaking 63.85 million tonne national crop. The drier conditions nationally mean less supply, which is pushing local prices higher for wheat and barley.
Rabobank Best of The Country: October 14, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s general manager of country banking, Bruce Weir. The bank's latest Rural Confidence Survey found farmer confidence at a new record low of -72%.
Rabobank Best of The Country: October 7, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s chief executive Todd Charteris, for the launch of the Good Deeds initiative for 2024. The week's top interviews were: Damien O’Connor, Derek Daniell, Todd McClay and Jane Smith.
Food waste: Less thrown away, but cost means more money wasted The Rabobank-KiwiHarvest Food Waste survey of 1500 found households were throwing away 12.2 per cent of the food they bought. This translates to $1510 of food being thrown out per household each year. Gen Z respondents estimated they wasted significantly less than last year. However, they continue to be the most wasteful of all the age groups.
Rabobank Best of The Country: September 16, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s Singapore-based global strategist, Michael Every. He offered his take on the state of New Zealand and global economies. We also reminisced on 9/11, 22 years on.
Rabobank Best of The Country: September 9, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s senior animal proteins analyst Emma Higgins. Plus, we talked about the correlation between oil and soft commodity prices. The week's top interviews were:Damien O’Connor, David Seymour, Vanessa Winning and Tom Martin.
Fonterra drops to ninth place on world dairy company rankings Fonterra has dropped from sixth place to ninth in Rabobank’s latest global top 20 dairy company rankings.
Rabobank Best of The Country: September 2, 2023 This week on the Best of The Country, Jamie Mackay caught up with Rabobank’s Sydney-based senior animal proteins analyst Angus Gidley-Baird to talk about the US beef market. Plus, we asked the Prime Minister if he was going to repay Nicola Willis by leaking her tax plan.