New Zealand

New Zealand grain prices fall on the back of dairy price downturn

New Zealand grain prices fall on the back of dairy price downturn

New Zealand grain prices have fallen on the back of the dairy downturn, Guy Wigley, Chairman of Federated Farmers Arable...

June 2, 2016

Fonterra sets opening farmgate milk price, farmers resigned to ‘another tight season’

Fonterra sets opening farmgate milk price, farmers resigned to ‘another tight season’

Fonterra has announced an opening forecast farmgate milk price of $4.25/kgMS for the 2016/2017 season, an increase of 35c on...

May 27, 2016

Fonterra farmers to get early share dividend due to tight cash flows

Fonterra farmers to get early share dividend due to tight cash flows

Fonterra has announced that it is to pay part of its forecast final dividend to its farmers earlier, in order...

May 18, 2016

New Zealand farmers export more meat for less money

New Zealand farmers export more meat for less money

New Zealand’s red meat export revenue is down for the six months to March 31, despite increased shipments and depreciation...

May 15, 2016

New Zealand dairy cow numbers drop for the first time in 9 years

New Zealand dairy cow numbers drop for the first time in 9 years

Dairy cow numbers in New Zealand have declined for the first time in nine years following consecutive increases, the latest...

May 14, 2016

EU’s largest sheepmeat supplier sees lamb numbers drop in February

EU’s largest sheepmeat supplier sees lamb numbers drop in February

New Zealand, the main suppliers of lamb to the EU, has posted lower production figures for February this year. Recent...

April 8, 2016

Infant formula key to Kiwi dairy company’s growth

Infant formula key to Kiwi dairy company’s growth

New Zealand dairy processor Synlait has reported a net profit after tax of NZ$12.3m for the first half of the...

April 5, 2016

New Zealand co-op expects two more seasons of low milk prices

New Zealand co-op expects two more seasons of low milk prices

Global market conditions for dairy products point to at least two more seasons of low milk payouts in New Zealand,...

April 1, 2016

Kiwi lamb exports set to fall further than first expected

Kiwi lamb exports set to fall further than first expected

The volume of New Zealand lamb exports is expected to fall by 8.1% during the 2015-2016 season, recent figures from...

March 20, 2016

New Zealand banks stress tested in the face of dairy crisis

New Zealand banks stress tested in the face of dairy crisis

New Zealand’s Central Bank has conducted a stress testing exercise on the country’s banks in the wake of a slump...

March 20, 2016

Relaxing of EU quotas not the only factor in global increase in milk supply

Relaxing of EU quotas not the only factor in global increase in milk supply

The increase in world milk supply is not only due to the ending of milk quotas in the EU, according...

March 13, 2016

New Zealand wades in to blame European farming supports for poor dairy prices

New Zealand wades in to blame European farming supports for poor dairy prices

New Zealand has waded into the war of words over who or what is to blame for low dairy prices....

February 27, 2016

New Zealand lamb exports set to fall by 6.3% in 2016

New Zealand lamb exports set to fall by 6.3% in 2016

A reduction in the size of the New Zealand sheep flock will lead to a fall in the volume of...

February 24, 2016

Kiwi dairy farmers told by government to ‘stand on their own two feet’

Kiwi dairy farmers told by government to ‘stand on their own two feet’

New Zealand’s Finance Minister Bill English has ruled out any Government intervention as its dairy sector faces further milk price...

February 22, 2016

Video: Hundreds of sheep ‘lamp-pede’ down mountainside

Video: Hundreds of sheep ‘lamp-pede’ down mountainside

This video of sheep almost cascading down the side of a mountain in New Zealand has proven to be a...

February 21, 2016

Video: Great footage of sheep herding in New Zealand

Video: Great footage of sheep herding in New Zealand

This great drone video of hundreds of sheep been herded across a field in New Zealand shows the scale of sheep...

February 14, 2016

Handbrake yet to be pulled on Kiwi milk production

Handbrake yet to be pulled on Kiwi milk production

Most parts of New Zealand have had good rain this summer despite predictions of drought due forecast El Niño weather...

February 4, 2016

‘Timing of lamb imports designed to undermine local prices’

‘Timing of lamb imports designed to undermine local prices’

The volume of lamb imported from New Zealand and Australia through Belfast port in 2015 is deeply concerning, according to...

February 1, 2016