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North Canterbury News: November 19, 2020

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<strong>North</strong> <strong>Canterbury</strong> <strong>News</strong>, <strong>November</strong> <strong>19</strong>, <strong>2020</strong><br />

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Unexpected career ... Emma Higgins is enjoying her career advising the dairy industry.<br />

PHOTO: DAVID HILL<br />

Emma succumbs to<br />

the lure of agriculture<br />

By DAVID HILL<br />

Growing up on asheep and beef farm,<br />

Emma Higgins never imagined she would<br />

have acareer advising dairy farmers.<br />

The RaboResearch dairy analyst had<br />

ambitions to be alawyer while growing<br />

up on the family farm.<br />

‘‘I always thoughtIwould neverbe<br />

involved in agriculture. Istudied law at<br />

<strong>Canterbury</strong> (University) and got ajob in<br />

Wellington working with corporate<br />

clients and it was fun for afew years, but<br />

Ifelt the draw to comeback to<br />

agriculture.<br />

‘‘So Iended up working with cows in<br />

<strong>North</strong> <strong>Canterbury</strong> —‘the dark side’,as<br />

my dad put it.’’<br />

Her job drawsonher legal skills and<br />

research skills, as she seekstomake<br />

sense of the global dairy markets and<br />

dairy issues, and report back to<br />

Rabobank and its clients,dairy farmers<br />

and the media.<br />

The job, as the only New Zealandbased<br />

dairy analystfor RaboResearch, a<br />

division of Rabobank, requires alot of<br />

travel.<br />

‘‘In ordinary times, outsideofCovid, I<br />

travel the length of the countryvisiting<br />

farmers and going on farm, and talk to<br />

processors, trying to get afeel for what<br />

New Zealand’s production looks like.<br />

‘‘I coverthe New Zealandside of<br />

things, but Ihave colleagues around the<br />

worldwho cover the dairy industry in<br />

theirregions,soweput it all together and<br />

see what the supply and demand of milk<br />

around the world looks like.’’<br />

It means Rabobank can predictwhat<br />

the farmgate milk price might look like<br />

for Kiwifarmers, though it is ‘‘quite<br />

challenging and complex’’ to get it right,<br />

she says.<br />

The conservative predictionatthe<br />

moment is $6.35 per kilogramofmilk<br />

solids, but alot depended on the<br />

fluctuations in the global dairy trade over<br />

the next few months and how much<br />

demand there is in China.<br />

‘‘There has beenvery strong buying in<br />

Chinaacross most of this year.<br />

‘‘We are seeing China’s localmilk<br />

productionrise, so there is aconcern if<br />

they do decide to change their buying<br />

strategy, it will presentsome risk.<br />

‘‘We think their stock levels are at the<br />

highest they havebeen since 2014,soit’s<br />

unusual.’’<br />

New Zealand’s success in managing the<br />

outbreak of Covid­<strong>19</strong> means it is seen as<br />

‘‘a safeand reliable market’’, whichadds<br />

‘‘another layer to the provenance story’’<br />

for Kiwi farmers ‘‘and that’s wherethe<br />

opportunity lies’’,Emma says.<br />

Environmentalregulations will also<br />

have an impact, she says.<br />

‘‘Change is needed, but the devilisin<br />

the detail. We don’t argueagainst the<br />

reform, but it’s about providing more<br />

tools in the toolbox so they(farmers) can<br />

meet their environmental obligations.’’<br />

Adry summer also beckonsand, with<br />

the La Ninaweatherpattern forecast in<br />

<strong>North</strong> <strong>Canterbury</strong>, it willalso have an<br />

impact.<br />

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