Technology, more public R&D spend, 'enabling' policies needed to lift agricultural productivity: Rabobank

Tue, 30 Jun 2015

By Fiona Rotherham June 30 (BusinessDesk) - New Zealand needs to reverse a decline in public research and development spending, foster “enabling” policies and provide access to technology to boost productivity in the food and agribusiness sector, says a new Rabobank report. The agribanking specialist said it was crucial that slowing agricultural productivity growth be reignited to drive both farmer profitability and global competitiveness. While New Zealand’s agricultural productivity growth is still ahead of the world average of 1.7 perc...

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