Rabobank's GM Country Banking, Hayley Gourley. Photo / Supplied
The New Zealand agricultural sector is poised for a third consecutive year of broad-based profitability, according Rabobank's 2019 Agribusiness Outlook report.
"Three in a row is quite unprecedented," said Rabobank's GM Country Banking, Hayley Gourley.
Gourley told The Country's Jamie Mackay the report illustrated, "an extraordinary run of consistently good
conditions, both economic and climatic that New Zealand agriculture is enjoying."
Favourable production conditions and strong commodity pricing were likely to continue throughout 2019 and these factors, combined with an anticipated weakening of the New Zealand dollar, would set up a further profitable year for farmers across New Zealand's major agricultural sectors.
Listen to Hayley Gourley's review of the Rabobank Agribusiness Outlook 2019, below:
