Landcorp annual profit plummets

Landcorp Farming, New Zealand’s largest corporate farmer, posted an 84% decline in annual profit as lower milk and lamb prices crimped revenue.

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Pulpit – Where to now for dairy industry?

As everyone knows, world events have converged to bring the New Zealand dairy industry to its knees but what are its prospects of a return to profitability?

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Shareholder body supports Fonterra review

The body representing Fonterra shareholders is supporting a review of all aspects of the co-operative’s business but says it was not prompted by the dairy sector’s current difficulties.

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  • Commodity currencies strengthen, includes kiwi

    The New Zealand dollar edged up along with other commodity linked currencies, with gains limited by a stronger United States dollar buoyed by better economic data.

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  • Wellsford sales August 24, 25

    It turned out to be a big day at Wellsford on Monday, with good yearling heifer prices being the feature, Grant Pallister of PGG Wrightson reported.

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  • Temuka sale August 24

    The market eased 10c/kg on lighter and poorer quality prime steers at Temuka on Monday while all other categories of prime steers and prime heifers held firm on the previous week, PGG Wrightson livestock manager Joe Higgins reported. The cow market also had a solid sale on previous weeks.

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  • Tinwald sale August 25

    Another large yarding of 1500 prime lambs, including a good line-up of heavy lambs, sold on par with the previous week at Tinwald on Tuesday.

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Quota capacity breach likely

Dairy farmers continuing to send cull cows to the works look certain to push New Zealand beef exports past the United States quota level for the calendar year.

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New knees take over from voice

Radio New Zealand’s Kevin Ikin this week hangs up his microphone for the last time after 40 years with the state broadcaster. He spoke to *Nigel Stirling* about his long career covering the life and times of farming and the state of the media.

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  • Whole milk powder futures drop

    New Zealand whole milk powder futures have declined, paring their earlier gains, after concerns about slower growth in China pushed down global equity markets.

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  • New role aims to protect waterways

    University of Waikato economist Professor Graeme Doole will provide training and advice to regional and central government as they develop new policies to improve the water quality of New Zealand’s rivers, lakes and streams.

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  • McDonald steps up

    New Meat Industry Excellence chairman Peter McDonald supports the resolution being put up by Alliance shareholders that the co-operative present a full analysis of the risks and potential benefits of a merger with Silver Fern Farms.

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  • Kiwi robotics firm cranks up business

    Meat processing robotics will be one of the Scott Technology divisions to grow substantially if a planned multi-million dollar investment by international heavyweight JBS goes ahead.

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Science close to unlocking velvet’s secret

New Zealand and South Korean scientists may soon be able to identify the compounds that give deer antler velvet its immune-boosting properties.

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  • Walking uphill a no go for cows

    Scientists from Massey University have confirmed what farmers have known for years – cows do not like to walk uphill.

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  • New role aims to protect waterways

    University of Waikato economist Professor Graeme Doole will provide training and advice to regional and central government as they develop new policies to improve the water quality of New Zealand’s rivers, lakes and streams.

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  • Kiwi robotics firm cranks up business

    Meat processing robotics will be one of the Scott Technology divisions to grow substantially if a planned multi-million dollar investment by international heavyweight JBS goes ahead.

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  • Fruit fly under the biosecurity microscope

    Scientists from Plant and Food Research are working to protect New Zealand borders from future incursions of the Queensland fruit fly (Qfly) and support control of populations in areas of eastern Australia where it is a major pest of horticultural crops.

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Spring storms prompt tree trimming warning

 With spring storm season fast approaching, North Canterbury electricity lines company MainPower New Zealand is warning tree owners about the dangers of trimming trees that are too close or overhang power lines.

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Champ takes another record

Sixteen times world champion shearer David Fagan showed a vocal and supportive Cheltenham speed shear crowd he can shear a single sheep in 20.4 seconds recently to win the event.

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