A trebling in the price farmers received for lamb did not necessarily translate into a similar increase in retail prices.
New Zealand financial markets were treading water yesterday waiting for United States reaction to its Government's $NZ1 trillion rescue of the ailing US finance sector.
Federated Farmers is today launching a programme to lift average returns for prime lambs to $150 a head within five years.
High-country farmers are finally getting their day in court.
Shares in rural servicing company PGG Wrightson (PGG-W) marginally regained some lost ground yesterday after it announced the successful raising of $78 million in new capital to part fund its new partnership with meat company Silver Fern Farms.
Size does matter, and when it comes to economic heavyweights, the United States heads the pack.
Doug Maxwell has seen it all before and he hopes this time is not a repeat.
Venison prices are inching closer to the $10 a kg mark, last reached in 2001, but farming leaders say the industry today is vastly different from the one which collapsed soon after scaling those unsustainable heights.
Fonterra's lower-than- expected milk solids forecast payout for next season was still well above the long-term average, a banking leader said yesterday.
Dairy farmers were unlikely to run herds of hundreds of transgenic cows, as small numbers would supply most of the genetically modified material required by pharmaceutical companies, AgResearch said this week.
The deer industry is at risk of fragmenting, with the number of exporters increasing from four to nine in seven years, the head of the country's largest meat company says.
Fonterra is preparing for difficult times ahead by retaining 24c a kg of milk solids from last season's record payout, to strengthen its balance sheet.
Specialist Otago rural real-estate company Southern Wide SRM Realty has expanded into the residential market by buying Patersons Realty Ltd.
The absence of industry consolidation in tandem with PGG-Wrightson's $220 million stake in Silver Fern Farms, has prompted one broker to downgrade from hold to reduce shares in the rural serving company.
Dunedin biotechnology company Botry-Zen has a new chairman, board and cornerstone shareholder and says production problems have largely been resolved.
Reopening a historic phosphate resource in South Otago could provide farmers with relief from soaring fertiliser prices and underpin 20 years of agricultural growth.
Spring appears to have arrived just in time for lambing.
New transgenic pasture varieties developed in New Zealand to help farmers cope with climate change could end up being sold to overseas farmers.
The implications of the emission trading scheme on agriculture continues to confuse and baffle sector leaders.
Shareholders are asking the Fonterra board to re-evaluate its 43% stake in beleaguered Chinese dairy company Sanlu, but appear to support its handling of the contaminated milk issue.