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Abundant global wheat stocks will endure meaning the effective cap on New Zealand prices to remain competitive with cheaper imported products will remain in place.
The latest Arable Industry Marketing Initiative (AIMI) cereals survey, to April 1, paints a much more positive picture of the New Zealand grain industry this year, with lower carry-over stocks and less unsold grain compared to this time last year.
Primary Industries Minister Nathan Guy has announced $5 million in new funding support for quake-struck farmers and growers to help towards long-term issues they are facing.
NZX says it wants international best practice in the boardrooms of publicly listed companies with the release of a new corporate governance code set to come into effect from October.