Farming News

Crossbred slips slightly, finer wools hold

Prices at last week's South Island wool sale were slightly cheaper for crossbred fleece but stayed firm for wools finer than 34 micron.

$70m damage bill for North Is flooding

$70m damage bill for North Is flooding

Flooding that affected the western North Island earlier this year caused about $70 million worth of damage to up to 800 rural properties, the Ministry for Primary Industries says.

Price rise welcomed but farmers still hurting

Price rise welcomed but farmers still hurting

Dairy farmers have finally received some good news with a 75c increase in Fonterra's forecast farmgate milk price for this season, bumping it up to $4.60.

Fonterra ups payout after $506m profit

Fonterra ups payout after $506m profit

Dairy giant Fonterra says its net profit after tax came to $506 million in the year to July 31, up 183% from the previous year's profit, and has raised its forecast payout for the current season.

Trade pact with EU advocated

Trade pact with EU advocated

International trade between New Zealand and the European Union should be freed up, BusinessNZ chief executive Phil O'Reilly says.

Factory expands in 'leap year'

Factory expands in 'leap year'

The addition of three further milk processing plants to Fonterra's Edendale factory - already the largest in the world by volume - means Fonterra can make a wider range of products and respond more quickly to demand, managing director of global operations Robert Spurway says.

Test to put value on good genetics

Beef + Lamb New Zealand Genetics is launching a progeny test to put a dollar value on the extra profit that can be added to the dairy beef supply chain by using good beef genetics.

Dairy prices continue surge

Dairy prices continue surge

Dairy prices surged sharply higher for the third time in a row at the latest GlobalDairyTrade auction, GDT price index rising by 16.5% since the last sale early this month.

Dairy farm effluent risk list issued by ORC

Dairy farm effluent risk list issued by ORC

A list of farms at risk of breaching environmental rules has been provided to dairy industry representatives, an Otago Regional Council report says.

Sheep meat marketing needs focus on premium

Sheep meat marketing needs focus on premium

Softening demand for sheepmeat in China and Europe should be prompting New Zealand to prioritise getting premium chilled lamb cuts in China, and to also look further afield to new Middle Eastern markets.

Farm skills day proves popular

Farm skills day proves popular

On Sunday, August 23, the Waitaki Boys' Fraser Farm hosted Opihi College, Waitaki Girls', St. Kevin's and Geraldine High to our first farm skills day.

Beef and Lamb expects farm profits to rise

Beef and Lamb expects farm profits to rise

New Zealand ''average'' sheep and beef farmers are in for a profit lift and Beef and Lamb chief economist Andrew Burtt calls it positive news at a time when the economy would benefit from increased farm sector spending.

Swede test a first for NZ

Swede test a first for NZ

The plight of Southern farmers last year has led to a first for New Zealand.

Passion for irrigation still runs deep

Passion for irrigation still runs deep

Dave Finlay describes himself simply as ''an irrigation man''.

Three way race makes interesting contest

Former Silver Fern Farms chief executive Keith Cooper is seeking a position on the board of fertiliser company Ballance Agri Nutrients.

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