Futures trading suggests big dairy drop
A sharp decline in whole milk powder prices looks likely at the twice-monthly GlobalDairyTrade auction on Thursday, with futures market pricing suggesting a drop of about 8 per cent.
A sharp decline in whole milk powder prices looks likely at the twice-monthly GlobalDairyTrade auction on Thursday, with futures market pricing suggesting a drop of about 8 per cent.
Investment expert Mark Lister looks at whether our "rock star economy" is headed for recession.
Business confidence has fallen to a three-year low, led by regions like Waikato, Canterbury and Southland particularly exposed to the dairy sector.
Silver Fern Farms says the group agitating for change at New Zealand's biggest meat processor has misled shareholders.
Silver Fern has enlisted the services of investment bank Goldman Sachs to advise it on possible equity raising options as it seeks to reduce debt.
Low dairy prices have not dampened demand for palm kernel - a supplementary feed which has the effect of "turbo-charging" milk production.
Heinz Wattie and Hawkes Bay fruitgrowers have lined up against what they say would be a relaxation of New Zealand's anti-dumping regime if Government proposals go ahead.
Lincoln University in Canterbury is known for its stubby-wearing students and land-based prospectus. For the first time in the university's history, females outnumber males.
Prosecutions against those behind fishing vessels that tangled with the Royal NZ Navy over summer have been hailed as a "giant step forward" by Foreign Minister Murray McCully.
Market analysts and dairy industry players say Fonterra needs to improve its performance and while job cuts are unfortunate, big changes are required.
A letter from the Department of Conservation addressed to members of the Taupo Fishery Advisory Committee has been described as proposing "trout farming by stealth" and is certain to raise....
MPI forecasts revenue from primary industries will drop to $35.2 billion in the year to June.
Volatility on world fertiliser markets and the decline in the New Zealand dollar has brought with it a mixed bag of price changes for farmers.
New Zealand's largest agriculture expo kicks off tomorrow with the spotlight on innovation in the agritech sector.
Two Auckland men met about two years ago and in that short time they have discovered they have the same passion - cleaning up waterways.
IrrigationNZ said the $25 million in extra funding for irrigation projects announced in the Budget would help boost development of water storage and infrastructure.
It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.
Trade Minister Tim Groser said he was not aware his last name had been turned into a verb: "Grossing".
A pig hunter is in a critical condition after being accidentally shot in the back in the NSW south west slopes region.
Increased dairy farm foreclosures look likely if product prices remain weak, the Reserve Bank says in its latest financial stability report.
Shareholders in Australian dairy co-operative Murray Goulburn (MG) have voted in favour of a Fonterra-style capital structure that will see its units trade on the ASX.
ANZ Bank New Zealand, the country's biggest lender, was the most aggressive in pitching interest rate swaps to farmers, the Commerce Commission says.
Whole milk powder prices, which are central to Fonterra's farmgate forecasts, showed signs of levelling off at the latest GlobalDairyTrade auction, but competition from big suppliers in the United....
Tim Groser's warning that the dairy sector would effectively have to guts it out during a period of low milk payouts was timely.
ANZ New Zealand boss David Hisco says the country's biggest bank is working closely with rural customers as falling dairy prices begin to bite, but farmers are better placed to deal with the....