The Chinese-backed firm fronting a bid to purchase the Crafar farms has yet to relodge its application for OIO approval, less than a week before tenders close.

The rural property sector remains stagnant because prices and sales are being dictated by banks, REINZ says.

Agricultural scientists say a genetically engineered clover could reduce methane emissions from livestock by 10 per cent.

May Wang's lawyer is confident creditors will accept her proposal to repay them just 2c in the dollar to settle a multi-million dollar debt.

New Zealand's farm and forestry exports are bouncing back in the wake of the global recession, agricultural economists say.

Farmers and those in the rural sector have it tough in New Zealand. The weather so often doesn't want to play ball.

UBNZ Assets Holdings is challenging the belief that Overseas Investment Office approval might be needed in order for it to purchase the remaining Crafar farms.

Allan Crafar will have to go to court to argue why he should remain living at his Reporoa property, which is in the hands of receivers.

The Super Fund may take part in a big rural land buy up, says its boss Adrian Orr.

The dairy industry will pump $1 billion extra into the economy based on next season's Fonterra milk price forecast, says Westpac bank.