Primary industries revenue forecast to drop 8pc
MPI forecasts revenue from primary industries will drop to $35.2 billion in the year to June.
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Lamb wool prices hit record
New Zealand lamb wool prices jumped to a record high amid strong demand from exporters and limited supplies.
Editorial: Saudi sheep farm deal far too woolly
If NZ taxpayers have provided a businessman with a sheep farm in compensation for his loss, it raises many more questions than Minister Murray McCully has been inclined to answer.
NZ heads for lowest wool clip in 6 years
New Zealand's smallest annual wool clip in six years reflects the lowest sheep flock in more than 70 years.
NZ wool auction volumes set to climb 83pc next week
Wool auction volumes are set to increase next week as farmers who have been holding out put their bales on the market.
Wool prices rise on low supply
New Zealand wool prices rose at auction, with lamb wool touching a fresh four-year high and crossbred wool hitting a six-month high, stoked by a weaker local currency and low seasonal supply.
Sheep meat price drops 10%
Sheep meat prices have fallen by about 10 per cent over the past two months, driven by a drop in demand in China and difficult conditions in another important export market - Britain.
Bank picks wool prices to hold steady
Wool prices have recovered some lost ground and are expected to remain steady throughout the year, says ASB Bank in its latest commodities report.
Wool price steady as volumes fall back
New Zealand wool prices remained steady at the latest weekly auction as volumes decline following the end of the main shearing season.
NZ Merino signs $8m deal with US firm
The New Zealand Merino Company, which markets wool to customers on behalf of suppliers, has inked an $8 million one-year deal to supply 600 tonnes of New Zealand fine and medium micron wool to US....
Housing for under $100K
Mobile pod housing, starting from $97,900, is arriving in New Zealand in response to our housing crisis.
Lamb wool in demand
New Zealand lamb wool prices jumped to their highest level in almost four years this week.
Shrek makes sheepish debut at Te Papa
A new incarnation of Shrek the Sheep goes on public display today. The male merino gained global fame after evading capture for six years and acquiring a phenomenal 27kg fleece.
Stores ban Angora over viral video of live rabbits being plucked
Online retailer ASOS has joined a host of upmarket shops in banning angora products over a viral video exposing the cruelty that rabbits suffer.
Wool-dyeing process tipped a 'fantastic' revenue earner
A New Zealand-developed process for dying wool hailed as a world first in the textile industry has been snapped up by a US active wear manufacturer.
Prospects 'limited' after job losses
Workers who will lose their jobs when the Summit Wool Spinners' Oamaru plant closes could struggle to find work and may have to move, the Otago Chamber of Commerce says.
192 jobs lost as Oamaru plant closes
Summit Wool Spinners' Oamaru plant - the second biggest employer in the town - is to close with the loss of 192 jobs
High NZ dollar biggest risk to farm, forest exports
The risk of the kiwi dollar remaining high is the biggest risk to Government forecasts for growth in the nation's farm, forestry and seafood exports, a new Government report says.
Commodity prices slump to 21-month low
The ANZ Commodity Price Index fell 4.2 per cent to a 21 month low in May.
Lower prices for NZ producers in first quarter
A fall in global commodity prices and the strong kiwi dollar meant New Zealand producers were squeezed in the first quarter.