
Dairy Auction: Dairy prices slip again
Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.
Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.
Former Invercargill MP and farmer Eric Roy has been appointed to the board of state-owned landowner Landcorp Farming.
Brazil's so-called little crop is going to be bigger than ever, flooding an already oversupplied global corn market and further pressuring prices.
Opposition parties have labelled Fonterra chief executive Theo Spierings' $4.18m salary as "absurd".
Attendance at Fieldays at Mystery Creek, near Hamilton, was up by 5.2 per cent compared with last year's weather-affected event.
Farmers have overcome the shell shock of very low milk prices to turn out in force at Fieldays - New Zealand's biggest agricultural event.
Bill English says that while the dairy industry was an important one, it was not necessarily as big as many thought.
A national programme to address rural depression will be developed in recognition of challenging times for farmers including volatility in milk prices.
ProTen, an Australian chicken farming business whose shares trade on New Zealand's Unlisted market, raised A$34 million ($36.5 million) to fund growth and repay financing.
Market analysts and dairy industry players say Fonterra needs to improve its performance and while job cuts are unfortunate, big changes are required.
Fonterra says it will lay off hundreds of its 1500 head office staff in a major review following the decline in dairy prices.
AgriHQ forecasts increased milk production and a higher forecast payout to dairy farmers will bolster the economy.
MPI forecasts revenue from primary industries will drop to $35.2 billion in the year to June.
Two Auckland men met about two years ago and in that short time they have discovered they have the same passion - cleaning up waterways.
A taxpayer grant of $11 million to farm wagyu cattle will benefit an overseas businessman at the centre of the Saudi farm controversy.
Farmers at this week's Fieldays at Mystery Creek will have cost control and innovation on their minds as they try and mitigate the impact of a cashflow crunch caused by sharply lower dairy....
The sale of Lochinver station to Chinese interests spearheaded by Shanghai Pengxin reignited concerns about farm sales to foreigners during the election campaign.
Two successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.
Murray McCully's controversial $10m deal bypassed the normal Govt control channels, writes Fran O'Sullivan. "The deal is now being challenged as an outright bribe."
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.
International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.
New Zealand's terms of trade improved 1.5 per cent in the March quarter but only because of the lagged effects of lower oil prices.
NZ's terms of trade rose in the first three months of the year, snapping two quarters of decline.
Kiwi wines are hitting the spot in the United States, with new figures showing a big jump in sales.