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Battle over honey continues

International manuka honey markets are forecast to be worth $1.27b by 2027.

New Zealand honey producers are "disappointed but undeterred", while Australian beekeepers have welcomed a "common sense" ruling.

On-farm inflation at '80s high

On-farm inflation is running at 16.3% - 2.5 times the consumer price inflation rate of 6.7%.

"We thought last year was bad, but this is the highest on-farm inflation rate for sheep and beef farmers in 40 years.”

A hard year for kiwifruit growers

Zespri's recent financial results show that global revenue from fruit sales for the 2022/23 season were down 3% on the previous season.

No surprises, it's been a bad year for the kiwifruit sector with the final numbers recently released by Zespri.

Gabrielle hits apple exports

Apples and Pears NZ's early estimate is that Cyclone Gabrielle has impacted this year's crop by around 5 million tray cartons. Photo Credit: Paul Sutherland Photography.

The country's export apple crop has taken a big hit as a result of the damage caused by Cyclone Gabrielle.

Cyclones cost farmers hundreds of millions

Beef + Lamb New Zealand (B+LNZ) estimates the cost for sheep and beef farmers from recent severe weather events, including two cyclones, could total between $367 million and $422 million.

Beef + Lamb New Zealand (B+LNZ) estimates the cost for sheep and beef farmers from recent severe weather events – including Cyclone Gabrielle and the Auckland Anniversary weather bomb – could total between $367 million and $422 million.

NZ's infrastructure deficit costly

Leaderbrand chief executive Richard Burke says infrastructure is a massive issue for the country.

Poor infrastructure has the potential to bring the country to its economic knees.

B+LNZ claims farmers still want HWEN

B+LNZ chief executive Sam McIvor claims farmers want it to keep negotiating with the Government.

Beef+Lamb NZ claims it has been told by at least one group of farmers that they should keep negotiating with the Government on the contentious issue of dealing with agricultural emissions.

$8 not a done deal!

Fonterra Co-operative council chair John says farmers will be looking carefully at their budgets.

Farmers have been told that an opening forecast milk price of $8/kgMS this season hinges on China’s demand for whole milk powder (WMP) bouncing back.

Dead in the water?

Government and ag sector leaders' vision of a deal pricing on-farm greenhouse gas emissions - via the highly controversial He Waka Eke Noa (HWEN) agreement - appears to be dead in the water.