by Luci | Apr 4, 2023 | Default
Dairy farmers are feeling the pinch of higher costs and weaker prices increasing the chance that some indebted businesses may fail. The drop in Fonterra’s forecast payout and the expected rise in the Official Cash rate … alongside weaker global demand has...
by Luci | Apr 3, 2023 | Default
Southland’s Leon Samuels won the New Zealand Shears open final in Te Kuiti on Saturday night and is in the New Zealand team to compete at the World Championships. He became the first South Island shearer to win either the New Zealand Shears or Golden Shears open title...
by Luci | Apr 3, 2023 | Default
Northern South Island farmer director Kate Acland has been elected chair of the Beef + Lamb New Zealand board. Kate Acland, is B+LNZ’s first female chair in 100 years and was elected at the conclusion of BLNZ’s annual meeting in New Plymouth. Previous chair Andrew...
by Luci | Apr 3, 2023 | Default
Fonterra has cut its 2022/23 season forecast to a range of $8.00 to $8.60 per kg of milk solids reducing the midpoint of the range by 20 cents from $8.50 to $8.30 per kg. Chief executive Miles Hurrell says the change reflects short-term demand for products that...
by Luci | Apr 3, 2023 | Default
Feds Meat and Wool Chair Toby Williams is calling for an urgent reset of the Ministerial inquiry into land use on the East Coast. He’s worried about the impact of losing Forestry Minister Stuart Nash and environmental governance expert Bill Bayfield who has resigned...
by Luci | Mar 31, 2023 | Default
Silver Fern Farms, the country’s largest meat processor and marketer, has announced a profit of 82%. The Dunedin-based company reported a record profit of $189.3 million last year, up from $103.8m in 2021. Revenue rose to $3.27 billion from $2.75b the previous year....
