It's The Margins That Matter
OPINION: It appears to be difficult for people who haven’t tried to run a business to understand the difference between assets and cash.
The country's two largest fertiliser traders have increased prices, for the second time in as many months.
Ravensdown and Ballance are blaming global supply and pricing dynamics for the latest price rise.
Both have bumped up urea prices by nearly 25% to $1,190/tonne.
Potash prices have also jumped by nearly $100/tonne. Ravensdown is selling potash at $995/t, Ballance at $1000/t.
Ravensdown has raised its superphosphate price from $339 to $367 but have told farmers that the new price will be maintained for the next six months.
Most dairy regions around the country have had a pretty good season so far says Tracy Brown.
Rural leader Mark Hooper has been appointed as an independent director to the NZPork board, bringing extensive farming, governance and advocacy experience to the role.
Opportunity says its land value tax (LVT) is unlikely to force farmers into a position where asset sales or increased debt are required.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Climate, nature and animal wellbeing make up Fonterra's refreshed sustainability roadmap released last week.
The Government is introducing a new nationwide rural recycling scheme that will significantly increase the recovery of farm plastics from March next year, Minister for the Environment Nicola Grigg announced today.

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