Westland revises payout down

Westland Milk Products has revised its predicted payout for this season to $5-5.40/kg milksolids (MS), citing the continuing global oversupply of dairy products and the impact of a relatively high New Zealand dollar.

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Pulpit - Deal a lifeline for meat farmers

The conclusion of the New Zealand–Korea Free Trade Agreement is a lifeline for Kiwi exporters in one of our most important markets.

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Producer prices fall on lower farmgate milk prices

New Zealand producer input prices fell in the third quarter because lower farmgate milk prices reduced input costs for dairy manufacturers, adding more evidence that inflation in the local economy is subdued.

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  • Balclutha sale November 26

    The market eased back at Balclutha on Wednesday, Gerard Shea of PGG Wrightson reported. Heavy prime hoggets made $138, medium $120-$126, light $94.

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  • Dollar rises to 4-month high against Aussie

    The New Zealand dollar touched a four-month high against its trans-Tasman counterpart after Australia’s central bank talked down the value of the nation’s currency.

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  • Rangiuru sale November 25

    An easing tendency in cattle prices surfaced at Rangiuru on Tuesday. Continuing drying winds, tight killing space and a large yarding of 745 head were all contributing factors.

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  • Canterbury Park sale November 25

    A large yarding of quality lambs was offered at Canterbury Park on Tuesday with a regular weekly buying gallery in attendance, PGG Wrightson representatives reported Heavy lamb prices eased, averaging $130-$150 with a top price of $154 for the day. Medium and smaller lambs also eased, selling down to $100 and up to $125.

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Timber still fueling China’s growth

FREE AgriHQ China Forestry Report[#Report]

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  • Cavalier broadens export horizons

    Every 10 cents a kilogram price increase for clean wool delivered to its spinning mill costs carpet maker Cavalier Corporation about $330,000 a year in earnings, shareholders have been told.

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  • China trip shows NZ wool worth

    Wool trading and processing company Segard Masurel recently hosted 17 New Zealand clients on a market trip to China

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  • Economy good but worse coming

    The Lego movie refrain “everything is awesome” applies to most of the economy with the exception of dairy, BNZ research head Stephen Toplis says.

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  • Most welcome Korean trade deal

    The now completed free trade agreement with South Korea will save Kiwi exporters $65 million in its first year, Prime Minister John Key says.

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Port harbours fashion passion

Launching her own fashion label has been an eye-opening experience for Canterbury University student Hannah Port, a town and country girl. She talked to Annette Scott about her efforts to bridge the urban-rural divide.

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Food hub could add billions

Manawatu agribusiness leaders and researchers this week heard how an integrated food innovation hub could add billions to export returns.

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Poll - Meat sector reform

Is the latest meat sector reform plan worth a go?

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Nervous week for growers cleaning up hail damage

Orchard growers around the country are anxiously analysing weather predictions as they clean up from hailstorms, and ponder the risk of more to come.

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Detour on career path pays off

At just 25, Rhea Nelis is convinced she has the perfect job for life.

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  • GDT prices slip slightly

    Prices overall at last night GlobalDairyTrade auction were slightly weaker but left the AgriHQ farmgate milk price indicator unchanged at $4.75/kg of milksolids.

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  • Invasive pasture plants an environmental threat

    A group of scientists are calling for farmers who use invasive plant varieties in their pastures to be levied.

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  • Online tool for milk price analysis

    A new, free tool will make it easier for dairy farmers to see the factors that influence the farmgate milk price.

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  • Bilodeau bows out

    Ballance’s departing chief executive chuckles at the frustration the “extra L” in his company’s brand name causes journalists’ spell-checking efforts, but is proud about what the brand has become under his 14-year tenure.

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