Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
Waikato farmer Elaine Cook has been elected to the DairyNZ board.
She replaces John Luxton, who stepped down as DairyNZ chairman and retired at today's annual meeting.
Two sitting board members- Ben Allomes and Michael Spaans were re-elected for anther term.
Cook has served as an associate director of DairyNZ; she was the 2006 NZ Sharemilker of the Year and was a finalist in the NZ Dairy Woman of the year award this year.
She has 30 years dairy farming experience in Waikato and Southland.
Meanwhile DairyNZ will appoint a new chairman at a board meeting early next month.
Barry Harris will act as chairman until the new leader is appointed.
Former Fonterra director Jim van der Poel is the frontrunner for the post.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
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Seen a giant cheese roll rolling along Southland’s roads?