
Lamb price set to rise
NZ lamb prices may rise 10 per cent next season, on lower Australasian supply and increased demand from China, says ASB Bank.
NZ lamb prices may rise 10 per cent next season, on lower Australasian supply and increased demand from China, says ASB Bank.
Employers at a Southland meatworks have been vindicated for firing an employee who punched a colleague in the face.
Many types of red meat and red meat products are available, from farmers' markets, to supermarkets, to restaurants.
New Zealand farm venison prices have hit a four-year high, reflecting demand in overseas markets and favourable currency movements.
Taupo Beef has taken out the top spot as the most sustainable New Zealand business, winning the NZI Greatest Contribution to a Sustainable New Zealand award, as well as the Restorative Impact award....
NZ sheep and beef farmers got higher prices in the September quarter, outpacing the rise in the prices they paid.
Employment Court found Affco unlawfully locked out meatworkers from collective bargaining.
Veritas Investments says it has had no success selling Mad Butcher outlets and that the meat chain continues to face a "challenging" environment.
Until I heard about the possibility of processed meats making me sick, my main reason for cutting down was to try and curb the middle age weight gain, writes Sam Judd.
New Zealand lamb prices have improved and look to be heading higher, ASB Bank said.
Recapitalised meat processor's two chairmen hen Wei Ping and Rob Hewett will bring different values to Silver Fern Farms.
The Notice of Meeting and Independent Report for the acquisition of 50 per cent of Silver Fern Farms by Shanghai Maling are revealing.
Alliance chairman Murray Taggart says any Silver Fern merger Farms risks making a "big beached whale" of the meat industry.
Maling's proposal to acquire 50% of Silver Fern Farms reaffirms that Chinese investors are interested in New Zealand's rural and food-based assets.
Silver Fern Farms, the country's biggest meat processor, says its is forming a 50/50 joint partnership with Chinese investors.
This season's lamb crop is expected to fall by 5.7 per cent compared with last year, says Beef and Lamb New Zealand in its latest season outlook.
Shanghai Maling Aquarius is understood to have a $300 million war chest to back its bid for a slice of the Kiwi meat co-operative.
Pre-tax profits for an average sheep and beef farm in New Zealand will increase to $109,900 this season - 9.6 per cent more than last season, but 3.1 per cent below the five-year average, Beef and Lamb New Zealand says in its 2016/6 season outlook.
China government backed Bright Food is understood to be the party in talks to take a stake in Silver Fern Farms.
Ownership of at least 30 to 40 per cent of New Zealand's biggest meat processor, Silver Fern Farms, looks set to pass to Chinese interests in a $100-million deal, say sources.
Will a Kiwi white knight emerge to fully recapitalise Silver Fern Farms, or will Chinese interests emerge as 50-50 partners with a New Zealand consortium to take the company forward?
Deal would increase dominance of New Zealand's biggest meat exporter but erode farmer control of the industry.
Crunch time is fast approaching for the farmer-funded industry group, Beef and Lamb New Zealand.
About one thousand meatworkers at eight Affco plants in the North Island have voted to strike for two days.
Concentrating on marketing its cuts rather than processing them is paying dividends for a niche meat exporter.
Silver Fern Farms, NZ's biggest meat processor says it is considering raising $100m in fresh capital.