Winter grazing of dairy cows may not be the financial windfall many sheep farmers were hoping.
It made sense for Grant and Andrea Cochrane to work with the South Otago environment rather than against it.
Investors continued to cane rural servicing company PGG Wrightson yesterday, stripping a further a 23c off its share price, which closed trading last night at 59c, a drop of 54% since Monday.
The company taking New Zealand dairy farming technology to Uruguay has had its bottom line hit by plummeting dairy prices and drought, and said it was on the hunt for more capital.
Rural servicing company PGG Wrightson appears to be hoping an offer of a role procuring livestock will avoid court action and lessen potential compensation in its dispute with Silver Fern Farms.
The fire risk in the South Island high country has been likened to a ticking time bomb with the potential to create a fire with similarities to those in Victoria, Australia, farmers warn.
Dunedin businessman Grant McLauchlan is shaking off economic recession fears with plans to renovate the former RSA building in central Dunedin into commercial office space.
Silver Fern Farms has described as inadequate an offer of $10 million compensation from PGG Wrightson for its failure to complete a partnership last year, a clear signal of a deteriorating relationship between the Dunedin meat exporter and the national rural farm services company.
The perilous state of the crossbred wool industry defies logic, according to South Otago farmer Ray Girvan.
The Council of Wool Exporters and Wool Partners International may not agree on much, but there is some common ground in the view that farmers must once again fund the promotion of their beleaguered fibre.
Now may not the time for those relying on bank deposits for their income to start looking at risky investments.
The sheep market continues to show some strength, judging by sales at Omarama and Balclutha last Friday.
Fertiliser prices appear to be falling just as quickly as they soared last year.
Fonterra will use the $800 million raised from its bond issue to retire short-term debt.
Farmers appear keen to supply prime lambs under contract, rather than sell on the spot market, and new contracts for next year indicate meat prices are expected to remain strong.
Otago and Southland manufacturers appear to be faring a little better than those in other areas of New Zealand.
Paula Anstey has noticed a significant change in the activity of her Dunedin plastics business in the past few months, which reflects trends of the economic recession.
Oil company giant Shell has announced an ownership review of all its downstream business in New Zealand, including 230 service stations and a 36% stake in contractor Fulton Hogan.
The south fared poorly in the Government's $500 million infrastructure funding allocation announced yesterday, but community leaders are being advised all is not lost.
Unions expect "a flood" of approaches from employers seeking innovative changes to workplaces to help weather the credit crunch, but warn their benevolence will not extend to forgoing wage rises this year.