Latest from Agribusiness

Nats snapping flagpole

Crowds at Fieldays despite shellshock

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

Farmers rise above price shock to go shopping

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

Exporters benefit from falling dollar

The sharp fall in the New Zealand dollar yesterday, following months of easing, will result in winners and losers.

Media told of job cuts before staff

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

Dairy not biggest cheese: English

Bill English says that while the dairy industry was an important one, it was not necessarily as big as many thought.

Depression: Farmers need to take care

A national programme to address rural depression will be developed in recognition of challenging times for farmers including volatility in milk prices.

Chicken farming firm ProTen raises $36m

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.

$11m taxpayer grant aids businessman

A taxpayer grant of $11 million to farm wagyu cattle will benefit an overseas businessman at the centre of the Saudi farm controversy.

Liam Dann: Price slump will weigh heavily

Lochinver purchase stalls

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

Farm cost control on minds

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....

Low milk prices risk to banks

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

Fran O'Sullivan: Saudi deal lacked control

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."

Sixth drop in a row for dairy prices

The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.

Dairy Auction: Sixth successive decline

International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.