
Milk production to boost economy by $1.8b
AgriHQ forecasts increased milk production and a higher forecast payout to dairy farmers will bolster the economy.
AgriHQ forecasts increased milk production and a higher forecast payout to dairy farmers will bolster the economy.
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.
Two Auckland men met about two years ago and in that short time they have discovered they have the same passion - cleaning up waterways.
A taxpayer grant of $11 million to farm wagyu cattle will benefit an overseas businessman at the centre of the Saudi farm controversy.
Farmers at this week's Fieldays at Mystery Creek will have cost control and innovation on their minds as they try and mitigate the impact of a cashflow crunch caused by sharply lower dairy....
Murray McCully's controversial $10m deal bypassed the normal Govt control channels, writes Fran O'Sullivan. "The deal is now being challenged as an outright bribe."
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.
International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.
The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.
Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.
Murray McCully's secret Saudi deal is attracting far too much adverse comment on the international stage to be easily swept under the carpet, writes Fran O'Sullivan.
Claims of corruption, bribery and lies are being made about the Government’s unorthodox scheme of flying sheep to Saudi Arabia, writes Bryce Edwards.
A threat of legal action being used to partly justify nearly $12 million spent on a Saudi businessman's farm was clearly hollow, Labour says.
A controversy over the spending of millions of dollars on a overseas businessman’s farm in Saudi Arabia has boiled over in Parliament with accusations of bribery.
New Zealand spent more than $11.5 million to help establish a demonstration farm in Saudi Arabia - but does not have any contractual rights to access it.
One farmer is using humour to help get him through the tough conditions brought on by drought in North Canterbury.
There's been another fall in world dairy prices, with the GDT index down to its lowest level since August 2009.
Farm prices have continued to rise, despite the near halving of milk prices over the past year, according to Real Estate Institute of New Zealand data.
Farmers don't expect special treatment from this year's Budget, but some recognition of the impact that the drought has had on farm finances would be a welcome move.
Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.
Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.
Fonterra farmers have been tipped to go without a "retro" payment in July as the co-operative rebalances.
We continue to strive for higher production in farming to raise more profit per square metre of land, writes Sam Judd. Perhaps there is a way to make a shed which is nice for the animals, with room to move around whilst still productive?
The old joke that there's nothing in New Zealand but sheep may have run its course, as stock numbers hit lows not seen since during the Second World War.