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Agribusiness news
US tariffs to hit Delegat Group's 2025 earnings
The wine company has lowered its earnings outlook due to a 10% tariff.
Shelling out: Audit questions hold up assessment of troubled mussel farm
Cabinet agreed to invest $16.5m more into mussel business despite ongoing losses.
Dairy farmers set for bumper earnings in 2025
Farmers look set to receive a high milk price and dividend from Fonterra this year.
Fonterra’s first-half profit climbs to $729m
Fonterra raises first half profit, dividend, keeps $10/kg milk price forecast
$42m debt owed by major cherry grower in liquidation
Across the three registered companies, the business owes roughly $42 million.
Stock Takes: A trade sale for Mainland?
Australia’s Bega Group is a potential buyer due to existing Fonterra ties.
Nigeria seeks to cash in on soaring cocoa prices
Prices have soared to a record US$12,000 per tonne in December.
Will NZ farmgate milk prices hold?
Expectations of a $10/kg-plus milk price remain in place despite weak dairy auction.
T&G Global posts 128% profit growth despite $9.9m net loss
Apples the 'engine room for growth' for T&G Global.
Thousands of farmers to earn cash for their climate efforts
Fonterra estimates more than 5000 farms will be eligible for a bonus next season.
A2 Milk first-half net profit up 7.6%, sets 8.5¢ dividend
A2 Milk beats market expectations, ends half with net cash position of more than $1b.
Skellerup posts record profit despite footwear sales slump
Skellerup expected its full-year profit to be between $52 and $56 million.
Zespri delivers on tall sales order for Asia-Pacific market
Achievement included record deliveries to Japan.
Fake kiwifruit crackdown: Zespri imposters in China get jail time, fines
The sentences were over counterfeit Zespri labels.
Crunch time for ready-salad producer as consumers react to tight economy
Fears small town may bear brunt of a major business' efforts to trade out of tight spot.
Why northern geopolitical upheaval has a big fertiliser provider seeking a southern supply
Worry about geopolitics and NZ energy crisis blight otherwise brighter rural prospects.
Market close: Synlait share price recovery continues
Investors react warmly to improve earnings update.
Down but not out: Fonterra's biggest business opportunity
Fonterra's Teh-han Chow says China remains the land of opportunity for Fonterra.
‘Appalling’: Grazing firm fined $48k after hundreds of cows left to wallow in mud
Two workers resigned after being told to return the cows to muddy paddocks.