
NZ wholesale trade rises in 4Q led by fruit
New Zealand wholesale trade rose in the fourth quarter, led by strong fruit exports.
New Zealand wholesale trade rose in the fourth quarter, led by strong fruit exports.
New Zealand terms of trade rose 5.7 per cent in fourth quarter as dairy export prices recovered.
Allied Farmers expects a recovery in dairy herd sales will bolster the rural services firm's annual earnings.
A2 Milk Co's chief executive and chair have sold down their stakes less than a week after reporting first-half profit more than tripled.
Fonterra expected to lift farmgate milk price forecast tomorrow despite fall in latest auction.
Dairy product prices fell at the Global Dairy Trade auction, stemming two straight gains, amid increased supply.
Comvita turned to a loss in the first half of its financial year after Chinese authorities cracked down on people selling its products through informal trading channels.
PGG Wrightson's profit growth stalled in the first half, which the rural services company blamed on low prices for dairy and wool and reduced production of red meat.
The average price for roundwood logs rose to $90 a tonne in February, up $5 from January's average price.
A2 Milk more than tripled its first-half profit as demand for its A2 Platinum infant formula surged in its key Australia, NZ and China businesses.
New Zealand lamb wool prices continued to decline at this week's auction amid lacklustre demand during the peak production period. The
Kiwi consumers could soon have their pick of a new super-sized superfood - a jumbo blueberry the size of a $2 coin.
Zespri International will licence more production of its SunGold variety in Italy to meet rising demand and ensure 12-month supply.
Synlait Milk increased the forecast payout to $6.25 per kilogram of milk solids for the current season up from a prior forecast of $6/kgMS.
Rural services firm Allied Farmers said profit fell in its first half because of a decline in calf processing sales.
Dairy prices have lifted 1.3 per cent at Fonterra's GlobalDairyTrade auction, with the important whole milk powder price up 1 per cent.
The price of whole milk powder, New Zealand's key commodity export, is likely to decline on the GlobalDairyTrade platform overnight.
Rabobank says 2017 will usher in a period of considerable change and uncertainty for New Zealand agriculture.
After a third year of growing the South American grain quinoa in the Moawhango Valley, plans are underway to begin selling it labelled "Kiwi Quinoa".
NZ Premium Whitebait plans to ramp up production for exports after a first successful harvest.
King Salmon passed an FMA sniff test despite only hinting at challenges in Sounds.
Fonterra is confident in its China strategy despite Beingmate Baby & Child saying losses for 2016 will be about double the previous forecast.
Beingmate said its revenue and profitability showed a slight improvement but annual losses had become "more significant than previously expected".
Glass bottled, pasteurised full-cream milk "straight from the vat" is making a comeback.
New Zealand's most often quoted statistic - the sheep to people ratio - has taken another hit, according to Statistics NZ.
Whole milk powder prices failed to live up to expectations by registering a slight fall at the latest GlobalDairyTrade auction.
Dairy product prices inched higher at the Global Dairy Trade auction, stemming two consecutive declines.
Small businesses are upbeat about the year ahead, with confidence at its highest level in almost two years.
Returns from New Zealand's lamb exports may be restrained by the kiwi's strength against the British pound.
The chief executive of troubled baby formula maker Bellamy's is stepping down in the wake of its share price plunge.