Latest from Agribusiness

Landcorp profits plunge 84pc

State-owned farmer Landcorp said its profit fell by 84 per cent due mostly due to lower milk and lamb prices.

Trade deficit smaller than expected in July

The country's trade deficit was smaller than expected in July as exports of fruit and meat drove overseas sales higher.

Glenbrook viability to be assessed

Australian steel products group Bluescope is to review its steelmaking operations in Australia and New Zealand, saying it needs "game-changing" savings in operating costs.

Production rolling at Fonterra plant

Fonterra's new $230 million high-efficiency milk powder plant at its Pahiatua site has processed its first milk.

Online exchange for private firms

A new online exchange aims to help investors who own shares in private companies or units in property, farm or forestry syndicates to trade them more easily.

Southeast Asia NZ's 'insurance policy'

Trade Minister Tim Groser says Southeast Asia is New Zealand's "number one insurance policy".

Whittakers unwrapping China

Asian markets are developing a sweet tooth, creating export opportunities for Wellington chocolate maker Whittaker's.

Bank: Risk of recession has increased

Investment bank says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.

Fonterra's South Island share slips

Fonterra's market share in the South Island has slipped beneath the 80 per cent threshold specified in its enabling legislation, Minister for Primary Industries Nathan Guy says.

Prices drive down milk output

Fonterra's forecast of a 2 per cent fall in milk production this season is looking more conservative by the day as farmers cull stock.

Canadians our top investors

Canadians, not Chinese, take top spot as the biggest investors in New Zealand over the past two years, according to analysis released by KPMG today.

Independent dairy producers more competitive

Fonterra's market share in the South Island has slipped beneath 80 per cent ending pro-competition provisions.

Milk price slump raises spectre of ruin

"There's nothing more depressing than knowing when those big tankers come on to your farm you are paying Fonterra to take your milk away."

Brian Fallow: Banks' backing vital for farmers

In light of the stress the dairy industry is under right now, they really do need to take the longer-term view that they say they are taking, writes Brian Fallow.

English upbeat despite dairy woes

Finance Minister Bill English remains confident about the prospects for economic growth, despite recent dairy woes.

Fonterra cuts dairy auction volume

Fonterra says it is significantly reducing the amount of product it puts up for sale on the GlobalDairyTrade auction platform over the next 12 months.