Dairy farm prices eased in the three months to May according to REINZ's latest rural report.

Dairy prices slipped again at this morning's GlobalDairyTrade auction, the GDT price index falling by 1.3 per cent.

Brazil's so-called little crop is going to be bigger than ever, flooding an already oversupplied global corn market and further pressuring prices.

Former Invercargill MP and farmer Eric Roy has been appointed to the board of state-owned landowner Landcorp Farming.

Opposition parties have labelled Fonterra chief executive Theo Spierings' $4.18m salary as "absurd".

Attendance at Fieldays at Mystery Creek, near Hamilton, was up by 5.2 per cent compared with last year's weather-affected event.

Farmers have overcome the shell shock of very low milk prices to turn out in force at Fieldays - New Zealand's biggest agricultural event.

Media were told that hundreds of Fonterra jobs were to be axed, hours before staff heard the news.

ProTen, an Australian chicken farming business whose shares trade on New Zealand's Unlisted market, raised A$34 million ($36.5 million) to fund growth and repay financing.

The New Zealand National Agricultural Fieldays is underway at Mystery Creek Events Center, Hamilton.

Fonterra says it will lay off hundreds of its 1500 head office staff in a major review following the decline in dairy prices.

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.

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....

The sale of Lochinver station to Chinese interests spearheaded by Shanghai Pengxin reignited concerns about farm sales to foreigners during the election campaign.

Two successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.

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.