Red meat exports slump, thanks to China
Weaker pricing and demand from China continue to impact New Zealand red meat export earnings.
Some Australian cows are taking 13-hour flights to China before ending up on a plate.
Chinese demand for beef, which used to be called 'millionaire's meat', has grown fourfold since 2000, putting beef prices there among the most expensive in the world. Hence Elders' decision to fly the cows and milk the fresh beef market for all it's worth.
Crated and loaded onto the main deck of a Boeing 747 cargo plane by hydraulic lift, the 150 beasts this month were on Australia's first live flight to central China. Destination: the abattoir.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.