A company extracting keratin-based ingredients from strong New Zealand wool believes its expansion into new factory premises in Christchurch will help it to a bigger slice of a US$2 billion international market.

Gallagher and Barenbrug have jointly bought the assets of Farmote Systems, an automated pasture monitoring company based out of Christchurch which went into receivership in January 2024.

Farmlands chief executive Tanya Houghton says farming is becoming an increasingly digital and data-driven business.

The Government's decision to keep agriculture out of the New Zealand emissions trading scheme (ETS) has been roundly applauded by farmers.

MPI director-general, Ray Smith believes the downturn actually bottomed out in about January, and since then says things have been on the improve but adds that every sector will have different trajectory or timeline as to when there will be an improvement.

A record 13 dairy farms supplying milk to low-carbon dairy processor, Miraka qualified for an extra premium of 20c/kgMS this season.

A sustainable merino wool replacement for rockwool and peat used in greenhouse growing won the Prototype Award at the National Fieldays innovation awards last night.

Except for horticulture, New Zealand’s main primary exports – namely dairy, meat and wool and forestry - are in for a bumpy ride in the coming 12 months.

Farmers are cautiously welcoming the Government’s decision to hold an inquiry into rural banking.

Farmers are looking forward to less red tape and delay around approval processes for new agricultural and horticultural products.

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