The value of primary exports will fall from unusually high levels over the 2014/15 year before recovering steadily in the following three years.

New Zealand avocado sales hit $136 million in the season ended April 30, double the previous season's, and setting new records in the export and domestic markets.

The terms of trade reached the most favourable levels for more than 40 years in the March quarter as export prices rose and import prices fell.

Waiwera mineral water destined for the United Arab Emirates was relabelled to sell in New Zealand after claims the water was unsafe.

Fonterra has set an opening milk price of $7.00 per kg of milksolids for the 2014/15 season and revised down its forecast for the current season.

China is now New Zealand's largest trading partner and expansion of economic links with this country will be vital to the New Zealand Government's goal.

Exports exceeded imports by $534 million last month, pushing the annual trade surplus to $1.2 billion, its largest since July 2011.

Rogue dairy farmers exploiting migrant workers have no place in the industry, a senior farming leader says.

Comvita, which produces health products from manuka honey and olive leaves, lifted annual profit 3.3 percent.

Natural health products company Comvita said it had agreed to buy NZ Honey from NZ Honey Producers Co-Operative in a $12.3m.

Dairy farmers can expect to see a drop in the milk price to around $7 a kg of milk solids .

Hawkes Bay wine producers are joining forces to try to cash in on the growing wine market in China.

New Zealand log prices appear to have levelled out after a strong run over the last year.

New Zealand's wine and dairy producers will be forced to export their products without branding in retaliation for Government's introduction of plain packaging of cigarettes.

The Commerce Commission says farmers concerned about their interest rate swaps have until the end of the month to contact the regulator otherwise they may miss out on future compensation claims.

The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.

Only five of New Zealand's 13 infant formula manufacturers have been approved to export product into China under new regulations that came into force today.

A large chunk of residential land for sale will enable the building of hundreds of new homes as the Auckland Council tries to solve the city's housing crisis.

Sheep and beef farm profits are expected to jump 35 per cent over 2013-14 from last year's drought-affected season.

French food giant Danone has entered an agreement to buy New Zealand dairy processing firms Sutton Group and Gardians.

New Zealand wine exports have rebounded to record levels as the wine growing industry continues its turnaround in fortunes.

China's taste for hotpot has driven a four-fold increase in the price of lamb flaps, turning the offcut into a premium cut for kiwi farmers.

New Zealand's trade surplus widened in March as Chinese demand for dairy continues to soar, driving annual export receipts to new records.

Home owners, sitting on a near tripling of house prices over the past 20 years, are largely immune to warnings that the housing market is overheated.