Expectations the economy will be gathering pace this year

Rabobank says New Zealand's food and agribusiness sector, will need to keep up with global forces if it wants to stay ahead.

The future of dairy prices is looking uncertain while red meat is outperforming the rest of the primary sector.

Senior Analyst Emma Higgins, says says interest rates are likely at the lowest they are going to go currently.

She says this is likely to go upwards - but this may not happen until the second half of the year.