New AgriHQ milk price sinks to $4.55/kg milksolids

The AgriHQ Seasonal Farmgate Milk Price dropped another 20 cents to $4.55/kg milksolids after last night’s GlobalDairyTrade auction, indicating recovery will be protracted.

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Pulpit - Water schemes help communities

There has been some criticism that the recent It’s Now or Never Ruataniwha meeting organised by IrrigationNZ and Federated Farmers did not compare the operational set-up of Hawke’s Bay’s proposed irrigation scheme with others.

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  • Editorial – Good news from India

    The long slog to clear barriers to New Zealand’s agricultural trade has made much-needed progress in the past few weeks after a pretty frustrating year.

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  • Alternative View – Agreeing to disagree

    The issue with free-trade agreements (FTA) is they’re always announced to great fanfare, with a complete lack of any detail.

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  • Meaty Matters – The difference 40 years makes

    It is sometimes tempting to think nothing much has changed with meat exports in recent years when you read the publicity about the problems in the meat industry. Since the beginning of this century the contrast with the dairy industry has been particularly marked, but suddenly this season positions have been reversed. Sheep and beef farmers can hold their heads high again and it seems likely this state of affairs may even persist for longer than just this season.

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  • Alternative View: Time to stop the gravy train

    I hope we can put a stop to Treaty of Waitangi relitigation before my five-year-old grandson gets his Goldcard.

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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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  • Feilding sale November 21

    With a good turnout of buyers again, the lamb sale at Feilding on Friday was probably stronger than other regional saleyards. The first pen was a top annual line of 172 undrafted, mixed sex, blackface lambs which eventually sold at $114 and the second cut made $98, in a yarding of just 3000 head.  

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  • Matawhero sale November 21

    More than 5000 bright store lambs were yarded at Matawhero on Friday in the first real test of that market this spring. There were some very nice lines and the entry graded right down to little wee chaps that suited the smaller purse or the long-term buyer.

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  • Coalgate sale November 20

    Both the sheep and cattle yards were near capacity at Coalgate on Thursday, with pretty much every pen holding stock, Rowan Sandford of Hazlett Rural reported.

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  • NZ dollar gains as yen falls against greenback

    The New Zealand dollar rose yesterday as the yen fell to a seven-year low against the greenback as stimulus from the Bank of Japan and the prospects that Prime Minister Shinzo Abe will win a snap election and extend his economic strategy sapped demand for the currency.

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MIE plan in final stages

A Meat Industry Excellence (MIE) analysis and blueprint for the industry’s future will now be released in the first quarter of next year, possibly in February.

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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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  • Prices ‘have hit bottom’

    Fonterra will review its milk price forecast down in early December though it has been selling products for prices higher than those achieved on the GlobalDairyTrade auctions, company sources say.

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  • Sales growth depends on investment now

    Fonterra shareholder Murray Beach, of Havelock in Marlborough, got less than 20% support for his call for Fonterra to cease investment and capital spending while the milk price is down.

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  • Guiney looks forward not back

    Newly elected Fonterra director Leonie Guiney doesn’t intend to re-visit at board level some of the major disagreements she had in the past with governance and capital restructuring.

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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 - Australia-China FTA

Is the Australia-China free trade deal good or bad for New Zealand?

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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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