Fonterra says it has lifted its "distributable profit" forecast by 5c for the current 2009-2010 season to between 40c to 50c a share - but isn't going to pass on this increase to its farmers.

Only 7 dairy farms were sold last month, says the Real Estate Institute, with total farm sales slumping more than a third to just 46.

Sheep numbers have continued to fall, dairy cow numbers are rising and grain crops increased markedly, latest agricultural production figures show.

A free trade deal with the highly protected Indian economy could mean big things for New Zealand agriculture exporters.

NZ researchers may have discovered a breathrough for reducing greenhouse gas emissions.

Most industry groups welcomed the Government's announcement today that it will make a livestock tracing scheme compulsory - and pay for it.

A farmers' group in the Waikato has given warning that an $824m pylon project due to start next month may lead to standoffs with Transpower.

Fonterra has raised about $270 million from its farmer shareholders.