by Luci | Aug 23, 2023 | Default
Australian rural servicing company Elders has increased its shareholding in New Zealand’s largest company in the same business PGG Wrightson. Elders now owns 12.3% of PGW, having bought a further 758,000 shares between December 20, 2022 and August 18, 2023. The...
by Luci | Aug 22, 2023 | Default
Westpac is the latest bank to lower its 2023/24 milk price forecast. The back has cut it back by 75 cents to $6.75/kg which would be the lowest milk price since the 2018/19 season at $6.35/kg. But more pertinently, it would be the lowest in inflation-adjusted terms...
by Luci | Aug 22, 2023 | Default
The value of goods exported by New Zealand fell $890 million or 14% to $5.5 billion in July 2023, compared with July 2022. Stats NZ says the fall in earnings was led by the dairy sector with Milk powder, butter, and cheese down by $350 million or 19% to $1.5 billion....
by Luci | Aug 22, 2023 | Default
Federated Farmers President Wayne Langford is saying ‘no’ to the Government’s emission pricing plan… suggesting it is completely tone-deaf to the reality rural New Zealanders are living with. He says farmers are struggling to keep their heads above water and being...
by Luci | Aug 21, 2023 | Default
A2 Milk said a strong performance in China – helped drive its net profit up by 26.2% to $144.8 million in the June year. But a disappointing earnings outlook drove the share price down by 42 cents or 8.4% to $4.93 in early trading. Shares in The a2 Milk were the...
