Welcome rain at Temuka set the scene for today's sale and if the forecasters have got it right and it continues through to Friday it will really set farmers up right for Spring.

The wet weather around the North Island this week and last has slowed store cattle trading even further.

The iFarm lamb procurement indicator measures the current lamb farmgate price as a percentage of the UK leg price when brought back into NZ dollars.

Two farm industry groups are joining the national farm database FarmsOnLine.

Fonterra chairman, Henry van der Heyden says while the co-op is disappointed with Colin Armer's resignation, it respects his decision.

Droughts in the US are forcing farmers to slaughter more stock and this is dragging down US domestic beef prices.

Fonterra director Colin Armer has resigned.

On the back of winning the Royal Agricultural Society of New Zealand (RAS) rural young achiever award, New Zealand Young Farmer member Tim van de Molen was announced as the Australasian rural youth ambassador in the finals at the Darwin Royal Showgrounds last week.

A survey shows the MPI is stopping international air passengers bringing in goods with a high chance of damaging New Zealand's biosecurity, but suggests the ministry could do more to stop lower risk items.

The Government is currently seeking submissions on a raft of proposed changes affecting agriculture in the Emissions Trading Scheme (ETS) and the deadline is fast approaching for interested parties to have their say, Anderson Lloyd Lawyers Partner Lesley Brook says.

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