New Zealand log prices have improved to the point where
forestry companies can now start to reinvest after a period
of low prices throughout the 2000s, Rayonier NZ managing
director Paul Nicholls says.
Bond markets have undergone a sea change over the last few
months, heralding the start of a more "normal" investment
climate after years of unnaturally low interest rates, fixed
interest specialists said.
The Ministry for Primary Industries says it has received
results confirming that the bacteria found in the whey
protein concentrate (WPC) manufactured by Fonterra was not
the botulism-causing clostridium botulinum.