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Who says the Chinese never fail?
Chinese investors have pulled the plug on a proposed $80 million dairy factory that was set to spring up at Otorohanga.
Chinese investors from He Run International Investment signed with three Kiwi investors for the factory which would have made high-value infant formula and cheese.
But minority shareholders confirm the plans went cold following the stock market wobbles in China.
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Additional tariffs introduced by the Chinese Government last month on beef imports should favour New Zealand farmers and exporters.
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact that, now more than ever, US farmers are being propped up by government welfare – a direct result of Trump’s hardline on its trading partners.
China looks set to play a key role in helping the New Zealand wool sector shift away from trading as a commodity supplier.
If you find a new consumer in a developed wine market, you are taking them from someone else, says Blank Canvas co-founder Sophie Parker-Thomson MW.
A verbal stoush has broken out between Federated Farmers and a new group that claims to be fighting against cheaper imports that undermine NZ farmers.
According to the latest ANZ Agri Focus report, energy-intensive and domestically-focused sectors currently bear the brunt of rising fuel, fertiliser and freight costs.
Having gone through a troublesome “divorce” from its association and part ownership of AGCO, Indian manufacturer TAFE is said to be determined to be seen as a modern business rather than just another tractor maker from the developing world.
Two long-standing New Zealand agricultural businesses are coming together to strengthen innovation, local manufacturing capability, and access to essential farm inputs for farmers across the country.
A new farmer-led programme aimed at bringing young people into dairy farming is under way in Waikato and Bay of Plenty.
The Government has announced changes to stock exclusion regulations which it claims will cut unnecessary costs and inflexible rules while maintaining environmental protections.
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