Latest from Agribusiness

Winning streak over as dairy prices fall
International dairy prices fell by 8.8 per cent at this morning's GlobalDairyTrade auction - the first sale to be held since the 1080 infant formula scare.

Cyclone Pam brings relief for farmers
Cyclone Pam has come with a silver lining for many farmers, bringing much-needed rain to most parts of the North Island.

Meat industry report backs co-op model
A report into New Zealand's meat industry has come out heavily in favour of a single co-operative business model similar to Fonterra's to deal with decades-old issues of overcapacity and too much....

Chris Castle and Linda Sanders: Phosphate mining rejection hypocritical
The income earned by extracting phosphate would be $9.7 million per sq km, compared with $9000 per sq km annually from bottom trawling.

Focus on auction after 1080 furore
Market sentiment at tomorrow's GlobalDairyTrade auction will be tested following the revelations last week of a threat to the food safety of New Zealand infant formula, says ANZ.

Dairy threat weighs heavily on NZ dollar
Fallout from this week's baby formula contamination threat weighed heavily on the New Zealand dollar yesterday, with news of curtailed orders from China driving the currency lower still.

Solid Energy will need bank deal
Solid Energy says it is solvent, but only just, and will need a new deal from its bankers to survive.

Dollar has hit venison but velvet strong
The New Zealand dollar's record-breaking run against the long-suffering euro has hit the local venison market hard because of its high exposure to Europe, but strong deer velvet prices have provided....

China's GDP target won't slash demand
China's decision to lower its annual GDP growth target to around 7 per cent should not have a significant impact on demand for New Zealand commodities, HSBC's chief economist for Australia and New....

NZ set to lead over drone rules
Allowing drones to operate beyond the operator's line of sight could provide economic gains of up to $190m a year to New Zealand's farming, forestry and energy sectors.

Dairy auction prices keep firming
Dairy prices firmed at the latest GlobalDairyTrade auction, backing expectations that Fonterra will meet its $4.70 a kg farmgate milk price this season, but concerns remain about muted demand from....

Bernard Doyle: Wise to guard against a 'Chinese sneeze'
The rise of the Chinese economy over the past 20 years has been transformational for New Zealand, writes Bernard Doyle.

Dairy prices up 1.1pc overnight
Dairy product prices rose in the latest overnight GlobalDairyTrade auction.

Terms of trade fall 1.9%
New Zealand's export dollar does not stretch as far as it did, after the terms of trade fell 1.9 per cent in the last three months of 2014.

Alarm over UK farm output drop
An alarming decline in food production at British farms will leave shoppers at the mercy of prices and quality elsewhere in the world, warns a UK farming report.

Co-ops need growth cash
Growing global market opportunities and the need to strengthen supply chains are creating a thirst for capital among agricultural co-operatives around the world, rural lending specialist Rabobank said.

MyFarm launches $5m kiwifruit orchard
New Zealand farm investment company MyFarm, which up until now has specialised in the pastoral sector, has weighed into kiwifruit with the launch of a $5 million orchard syndicate.

Fonterra 'on track' to hit payout
Fonterra chief financial officer Lukas Paravicini rejects the notion that the co-operative is playing safe in keeping this season's farm gate milk price forecast at $4.70 a kilogram of milksolids.

Greg McKeown: Port expansion needs firm hand
Aucklanders would prefer a comprehensive long-term study before any port expansion occurs.

High country's 'jewel' for sale
The historic Craigieburn Station, in the central Canterbury foothills, has come up for sale for the first time in 98 years.

Forecast brighter for Fonterra
Fonterra's board will have reason for cautious optimism when it meets tomorrow to review its farmgate milk price forecast for 2014/15.

Falling kiwi helps offset log price decline
The falling dollar has helped to offset declining export log prices, says AgriHQ.