Apple season looks rosy for NZ growers
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.
The sharp fall in the New Zealand dollar yesterday, following months of easing, will result in winners and losers.
A taxpayer grant of $11 million to farm wagyu cattle will benefit an overseas businessman at the centre of the Saudi farm controversy.
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.
New Zealand's terms of trade improved 1.5 per cent in the March quarter but only because of the lagged effects of lower oil prices.
NZ's terms of trade rose in the first three months of the year, snapping two quarters of decline.
Kiwi wines are hitting the spot in the United States, with new figures showing a big jump in sales.
New Zealand's only commercial tea estate has secured a deal to sell its products in upmarket London department store Harrods.
A slump in dairy exports weighed on the trade balance last month.
In some respects, the Budget's introduction of a border clearance levy seemed like a step back in time.
Zespri International, which controls exports of New Zealand kiwifruit, more than doubled annual profit.
There's been another fall in world dairy prices, with the GDT index down to its lowest level since August 2009.
A tourist industry group wants more thought given to where Budget funding is spent rather than wanting more direct cash.
Export log prices, which fell to a three-year low this month, may start to pick up as demand improves in China.
Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.
For the cruise sector, there are no alternative ports, writes Chris Roberts. Passengers want to come to Auckland and spend their money enjoying the sights and activities of our biggest city.
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....
International dairy prices fell for the fourth time in a row at this morning's GlobalDairyTrade auction.
New Zealand should be the next cab off the rank in securing a free-trade deal with the Gulf Co-operation Council, with Prime Minister John Key "much more positive" about it.
New Zealand commodity prices had their biggest decline since the height of the global financial crisis in 2008, led by falling dairy product prices.
With commodity prices falling, New Zealand's strong economic run is at risk of faltering, writes Liam Dann. Lower export earnings should add urgency to this month's Budget for Finance Minister Bill English.
Business confidence dipped in ANZ's monthly survey but the expectations of firms about their own activity and their hiring and investment intentions remain strong.
Prime Minister John Key has met with the Saudi Arabian king and raised the issue of human rights.
Wool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.
Representatives from the Five Nations Beef Alliance are in Maryland this week pushing for beef trade liberalisation through the proposed Trans Pacific Partnership (TPP) deal.