by admin | Mar 24, 2016 | Uncategorized
As predicted yesterday Fonterra’s first half net profit is up 123 per cent to $409 million, allowing the company to double its interim dividend to 20 cents per share. The company’s normalised earnings before interest and tax came to $665 million, up 77 per...
by admin | Mar 24, 2016 | Uncategorized
Dairy giant Fonterra is expected to report a bumper profit this week, at a time when its farmer-suppliers are struggling with high-debt and a low forecast payout. The co-operative – New Zealand’s biggest company and exporter will report its half-year...
by admin | Mar 22, 2016 | Uncategorized
Federated Farmers is deeply disappointed that Forest and Bird has appealed the High Court judgement allowing the DOC land exchange. The exchange will pave the way for the Ruataniwha Water Storage Scheme in the Hawkes Bay. Federated Farmers water spokesperson...
by admin | Mar 22, 2016 | Uncategorized
The Real Estate Institute says its Dairy Farm Price Index fell 14.3 percent in the three months to February, compared to the three months to January but when compared to February last year the Index fell by 20.9 percent. The numbers have been released in the same...
by admin | Mar 17, 2016 | Uncategorized
In what’s been described as a bit of a surprise…the GDT auction result is down 2.9% to average $2,190 per metric tonne. The normally accurate indicator, the futures market had predicted a 2% rise…. but it went the other way. Price falls were across the board,...
