Hon GRANT ROBERTSON: Rabobank New Zealand's June monthly 2021 agribusiness report is generally positive about the outlook for commodities. In the beef sector Rabobank expects farm-gate prices to lift over June, due in part to reduced competition from Australia. Sheep meat prices are expected to firm in June, thanks to continued demand from key markets. In the dairy sector, Rabobank expects China to continue to drive global demand and support prices, though it is expecting some softening of dairy imports in China in the second half of 2021. Producers continue to operate in a volatile market, with Rabobank noting that uncertainties do remain over the global supply chain.