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Agribusiness Monthly

Stay on top of commodity and economic developments with insights from our local and global team of RaboResearch analysts. Read and listen to expert analysis on food & agribusiness, global financial markets, and sustainability. 

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agribusiness monthly

What do global shifts mean for Australia?

Join RaboResearch Senior Market Strategist Ben Picton and Global Strategist Michael Every as they unpack the rapid changes that are underway in the global economic system. Mike takes us through his concept of "America Perestroika," whereby the United States under Donald Trump is seeking to shift from a consumption-based economy to a production-based economy with a national security overlay. We explore what these changes mean for the global economy, why it is happening, and where the challenges and opportunities may lay for commodity producers in New Zealand and Australia.

Disclaimer: Please refer to our global RaboResearch disclaimer at https://www.rabobank.com/knowledge/disclaimer/011417027/disclaimer for information about the scope and limitations of the material published on the podcast

Australian Farmland Price Outlook 2026

Rabo Community Fund support

Over the past decade, the market has averaged annual growth of approximately 11%. However, as we noted last year, the market is transitioning into a new phase characterised by more moderate growth. 

We anticipate a modest easing in dairy prices in 2026, alongside constrained profitability for grain and oilseed producers. For cattle prices, RaboResearch expects markets to remain stable. A key challenge, and one likely to remain a recurring theme in 2026, is the supply shock stemming from the ongoing Iran war. Taken together, these dynamics imply only modest support for further land-price appreciation and underpin RaboResearch’s view that sales activity may slow from current levels.

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Rabobank Global Knowledge Hub

Learn from expert insights on food and agribusiness, global financial markets, macroeconomic developments, the energy transition, sustainability, and more. Set your preferences to get the latest updates and follow the topics most important to you and your business. (Exclusive to Rabobank Clients only)

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RaboResearch Food & Agri Podcast

Discover the latest commodity insights and trends across Australia and the globe. Our agri specialists and economists keep you in the know with in-depth coverage of the local food and agribusiness sector weekly. 

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Meet your local RaboResearch team

General Manager, RaboResearch Australia and New Zealand

Stefan Vogel

Since joining Rabobank in 2014 as Head of Agri Commodities Markets Research and Global Sector Strategist, Stefan has led impactful, client-focused research.

With nearly 20 years in the food, agribusiness, and trade industry, Stefan brings extensive experience to his role.

Stefan Vogel

Senior Animal Protein Analyst, RaboResearch

Angus Gidley-Baird

Angus provides analysis and market updates on Australian beef, sheepmeat, pork, poultry, and seafood markets.

He is a popular speaker at agri and industry events and brings over 15 years’ of experience to the role. 

Angus Gidley-Baird

Senior Market Strategist, RaboResearch

Ben Picton

Ben shares strategic economic research insights across Australia and New Zealand, focusing on economic projections and interest rates.

Prior to joining RaboResearch, Ben spent several years on the Rabo Markets desk in various roles in derivative sales and trading.

Senior Dairy & Consumer Foods Analyst, RaboResearch

Michael Harvey

Michael offers extensive expertise in agricultural markets and F&A value chains. With over 20 years in the agribusiness sector, he provides in-depth research and guidance for the dairy and consumer food industries.

Before joining RaboResearch Michael worked with Dairy Australia and grew up on a dairy farm in northern Victoria.

Senior Agriculture Analyst, RaboResearch

Vítor Caçula Pistóia

Vítor is a seasoned farm inputs analyst specialising in land values, fertilisers, and crop protection products.

With a robust agronomic background, he previously served as a farm input sales manager and agronomist for a major global brewing company in South America. 

Agriculture Analyst, RaboResearch

Paul Joules

Paul focuses on providing valuable insights on farm inputs, cotton, and land prices.

Prior to joining the RaboResearch Australian team, he provided in-depth research and forecasts for commodities such as wheat, cocoa, and coffee in London.

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RaboResearch Disclaimer: Please also refer to our disclaimer here for information about the scope and limitations of the RaboResearch material provided on the website in this email.