A new agribusiness report by Rabobank says New Zealand food producers and exporters could face more volatility in market prices over the next three to five years.
The food and agribusiness research and advisory report found that prices will move to higher levels than have been seen in the past.
But there won't be a windfall for producers and exporters because supply and demand is expected to be volatile and disrupted.
Rabobank says a number of big shifts are expected in international market places, including evolving food retail and food service industries, unilateral trade decisions and the weather.
Food and agribusiness research general manager Justin Sherrard says farmers and agribusinesses will need to adjust to these changes, as well as to slow world economic growth and a shift in food demand to the east.
