Agri-Business
Fonterra's credit rating downgraded... again
Fonterra’s credit rating has been downgraded for the second time in two weeks, this time by Fitch Ratings to A...
New Zealand
Dairy
Fonterra's milk deliveries down almost 9% in September
Fonterra’s milk collection across New Zealand in September was 8.7% lower than September last year and for the four months...
Dairy
Fonterra's credit rating downgraded by Standard and Poor
Fonterra’s credit rating has been downgraded by rating agency Standard and Poor from A to A-. In response, Fonterra’s Chief Financial...
Sheep
New Zealand sheepmeat exports to the UK up 75%
New Zealand sheepmeat exports in August increased by almost a quarter and volumes to the UK were up by almost...
Dairy
New Zealand dairy farmers get boost as Fonterra increases its forecast payout
Fonterra is lifting its forecast total available for payout for the 2015/16 season and also signaled that milk production will...
Beef
New Zealand cow cull up 107% in August
The has been a massive increase in the number of cull cows coming forward for slaughter in New Zealand, figures...
World News
New Zealand government stops Chinese purchase of 33,000ac farm
Chinese company, Shanghai Pengxin, through a New Zealand subsidiary has been prevented from purchasing a the 34,000ac (13,800 hectare) Lochinver...
Beef
New Zealand's beef trade is now worth more than lamb
Overall cattle numbers in New Zealand in the first six months of the year have fallen, with beef cattle numbers...
Dairy
Why things are looking up for Global Dairy Trade prices
Overall dairy prices spiked 16.5% at yesterday’s Global Dairy Trade auction for the third consecutive strong gain. The lift was...
Dairy
New Zealand milk production could fall further than expected
Fonterra has maintained its milk volume forecast for the 2015-16 season in the range of 2-3% lower than the amount collected...
Dairy
New Zealand milk production up 1.2% year-on-year
New Zealand milk production for May, June and July 2015 was at its highest point since 2012, figures from the...
Dairy
'Dairy price increases likely to slow despite recent results'
Recent price increases seen for dairy commodities are likely to slow, according to New Zealand bank ASB. In a recent...
Sheep
New Zealand lamb production up 1% on 2014, exports down 4%
New Zealand lamb production for the 2014-15 season-to-date (October 2014 to June 2015) is 1% higher than the previous year,...
Sheep
Kiwi sheep gives birth to quadruplet lambs
A two-year old Southdown ewe in New Zealand has given birth to healthy quadruplet lambs – a rarity in the...
Dairy
New Zealand (not Ireland) worst hit by dairy downturn - Rabobank
A new report by Rabobank says a combination of factors have conspired to see New Zealand prices hit far harder...
Dairy
Kiwi dairy farmers' debt has trebled in 10 years
The dairy debt of New Zealand’s farmers has trebled in the past 10 years to NZ$34.5 billion as farmers go...
Dairy
No government dig out for struggling Kiwi dairy farmers
Dairy farmers in New Zealand will not be offered special financial support from the New Zealand government, despite facing significant...
Dairy
9 out of 10 Kiwi dairy farmers to take on extra debt this year
Fonterra’s announcement that its 2015-16 Forecast Farmgate Milk Price is reducing from $5.25 to $3.85 means a further reduction of $150,000...
