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The Latest Breaking News from Rabobank

Coffee Prices Continue the Sharp Sell-off

Sep arabica coffee (KCN23 ) today is down -2.50 (-1.55%), and Sep ICE robusta coffee (RMN23 ) is down -45 (-1.75%). NY arabica coffee Friday fell back towards Thursday's 5-month low, while Sep robusta fell to a new 1-month low. NY arabica coffee is being undercut by favorable weather in...

Barchart

Coffee Prices Continue the Sharp Sell-off

July arabica coffee (KCN23 ) today are down -2.65 (-1.60%), and July ICE robusta coffee (RMN23 ) is down -43 (-1.53%). NY arabica coffee today fell to another new 5-month low, while July robusta continued to fall back from Tuesday's new record high (data since 2008). Arabica coffee is seeing...

Barchart

Coffee Prices Fall Sharply on Technicals

July arabica coffee (KCN23 ) today is down -4.45 (-2.63%), and July ICE robusta coffee (RMN23 ) is down -4.45 (-2.63%). NY arabica coffee today fell to a new 5-month low, while July robusta fell back from Tuesday's new record high (data since 2008). Arabica coffee is seeing technical selling...

Barchart

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Robusta Coffee Rallies to Another Record High

July arabica coffee (KCN23 ) today is up +1.40 (+0.83%), and July ICE robusta coffee (RMN23 ) is up +29 (+1.00%). NY arabica coffee today matched March's 5-month low, but then recovered for a moderate gain. Meanwhile, July robusta today rallied to post a new record high (data since 2008)...

Barchart

Cero Generation and Enso Energy achieve financial close on battery energy storage system

European specialist Cero Generation together with their UK development partner Enso Energy will open the solar farm alongside a 49.5MW battery energy storage system

Birmingham Post

Aussie farmland price surge could soon dry up

The value of Australian agricultural land is on track for another year of solid growth but experts warn the trend may not last much longer as El Nino bites.

AAP

Shoppers warned to expect price jump for Aussie cheese, butter, and other dairy products

Dairy lovers could be paying more for their favourite cheese, yoghurt, butter and cream in the coming months and eating fewer local products, industry experts warn.

ABC News

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Bumper crops signal produce prices will ease

There’s relief on the way for families struggling with soaring grocery bills, with data showing farmers are in for a strong year

The New Daily

Outlook rosy for farmers despite cost pressures

Rabobank's annual outlook is forecasting a strong year for the agricultural sector despite cost pressures continuing for farmers.

AAP

Aussie savings at risk as nature suffers

Banks and super funds are "dangerously out of touch" on the extent of the nature crisis and their failure to handle the risks leaves Australians exposed.

AAP

Sophisticated scams target large investors in NZ

Substantial investments in clean energy financing and term deposits are increasingly being touted by offshore scammers.

Newsroom.co.nz

Floods to push up price of fruit and veg

Consumers are being warned they're likely to pay more for fruit and vegetables in the wake of flooding across eastern parts of Australia.

AAP

nCino Analysts Cheer Q2 Beat Amid Uncertain Macros

nCino, Inc (NASDAQ:NCNO) reported Q2 revenues of $99.6 million, up 50% Y/Y, beating the consensus. Adjusted EPS loss of $(0.04) surpassed the consensus. KeyBanc analyst Josh Beck maintained an Overweight and lowered the price target from $40 to $35. nCino reported solid results similar to the adjusted prior-quarter result driven by a potent mix of go-lives,…

Benzinga

Avocado oversupply has farmers begging consumers to eat more to reduce waste

Smashed on toast, tossed in a salad, or blended in a smoothie; whichever way you eat your avos, farmers are pleading for you to eat more of them.

ABC News

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The New Daily

Where to earn the highest rates on your savings

The top 10 savings accounts offer a chance to earn decent returns on cash deposits – especially if you are happy to make the move to a new bank.

The Guardian - AU

Bumper Australian crops unlikely to provide relief at the cash register

Despite farmers planting a record 24m hectares this year, higher fuel and fertiliser costs mean produce prices will remain high

ABC News

Skyrocketing grain prices to worsen global food insecurity, Rabobank warns

Rabobank warns that the Russia-Ukraine war will push grain and food prices up for at least a year, a situation compounded by India's ban on wheat exports, and dry conditions in the grain powerhouses of France and Germany.

The Guardian - UK

Ukraine’s wheat harvest may fall by 35%, raising fears of global shortage

Satellite imagery ‘illustrates spectre of rising food prices and hunger’ due to invasion of world’s sixth-largest wheat exporter

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The Guardian - UK

Sunflower shortage: why cooking oil has become so expensive

Shoppers are in for a shock as the cost of kitchen essentials hits record highs

AAP

More growth for Aussie agriculture

Australia's agricultural sector is set for another profitable year ahead, according to agri banking group Rabobank.

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