Rural Business news

Richard Wyeth appointed Synlait Milk CEO
Chairman says new chief executive is 'seasoned, tested and highly regarded'.

$19b boost: Agri sector set to carry NZ economy this year
Infometrics’ latest look at regional economies shows signs of recovery in rural areas.

NZ at risk of losing locally grown veges: industry leader
Vegetables NZ says the system is broken and growers are being put out of business.

Green light for industrial hemp regulation review
'People’s attitudes to industrial hemp have changed.'

Flower growers have thorn in their side over proposed import changes
Flower growers worry the change could introduce new pests.

NZ log market steady despite China tariffs and inventory challenges - Marcus Musson
Sponsored content: Chinese NY slows demand, with log inventories rising to 4 million m3.

Fonterra says full-year earnings will be in ‘upper half’ of range
It has a 40c to 60c per share guidance range.

NZ First ‘woke’ bank bill drawn from ballot, but not backed by National and Act – yet
Parties consider whether to crack down on de-banking.

Farmer confidence jumps to 10-year high - Feds
Feds president Wayne Langford has noticed a “significant shift” in the mood of rural NZ.

Fonterra still looking at trade sale and IPO options
Fonterra has chosen a corporate brand for the entity if IPO goes ahead.

Dairy prices dip slightly in latest GDT
All products except one slid into negative territory.
Rural Property

‘Outstanding’: Huge coastal farm station on market for first time in 30 years
The station boasts dramatic views across Cook Strait to the Kaikōura Ranges.

Property report: Outlook positive for rural real estate market
Sponsored content: GM of PGG Wrightson Real Estate's monthly look at the rural market.

Plans for 1000-plus homes on reclaimed Napier farmland cause concern
The proposal includes over 1000 new homes on reclaimed farmland near Hawke's Bay Airport.
Business news from around NZ

Market close: Carpet maker Bremworth in attempted board coup
A cautious New Zealand sharemarket posted a near 0.5% fall.

‘Manufacturing shortfall’ forces school lunch supplier to outsource 40% of meals
This week's menu includes two 'flexi meals' for most regions.

A $75m investment: Jewellery giant’s arrival promises economic boost
The expansion to NZ follows a free-trade agreement with the UAE.
More Rural Business news

Stock Takes: Will NZ corporate earnings offer green shoots for the economy?
The reporting season gets fully underway next week. Will there be green shoots?

Skellerup posts record profit despite footwear sales slump
Skellerup expected its full-year profit to be between $52 and $56 million.

Clive Elliott: Selling the crown jewels - why Fonterra’s proposal doesn’t make sense
OPINION: Our dairy owners and the country stand to be poorer for Fonterra's decision.

'All bananas are not created equal': Northland growers embrace variety
Bananas from Northland's Tippu Farm include Misi Luki and Hua Moa varieties.

Will a $10/kg milk price hinder Fonterra’s plan to sell consumer business?
Fonterra's prices might be going up to $10 a kilo at the farm gate.

'Mindboggling': Farmers urge minister to look into AgResearch science cuts
Concerns for farm productivity, animal welfare, and rural sector's economic contribution.

Where it all began: The origins of forestry, NZ’s third-largest export
Kaingaroa lies at the heart of New Zealand's forestry sector.

Zespri receives $24.1m payout for mice-damaged kiwifruit shipment
Zespri CEO Jason Te Brake said the settlement was a positive outcome for the industry.

'Workload is about 60% less': 'Nudies’ help hill country sheep farmers strip costs back to the bone
Farmers are investing in self-shedding sheep to avoid shearing costs.