Agri sector to lead economic recovery
OPINION: Over the past month, people up and down the country have been asking me what I think is in store for the Agri sector.
Commenting on last night Global Dairy Trade (GDT) auction results, Gordon says there was a mild 0.4% fall in dairy prices.
“The product mix was effectively a mirror image of the previous auction, with a 2.6% rise in whole milk powder prices but declines for most other products.
“We’re expecting a modest fall in dairy prices over the rest of this year, as global milk production bounces back from last year’s depressed levels. Global demand continues to grow at a subdued pace, and stockpiles of milk powder remain substantial, especially in Europe.
“Russia recently extended its ban on food imports from the EU until the end of 2018, though it has yet to make a decision on the ban from other Western markets, which currently runs to the end of this year.”
Key Results AMF index down 3.5%, average price US$6,596/MT Butter index down 0.1%, average price US$5,775/MT BMP index up 10.8%, average price US$2,264/MT Ched index down 3.2%, average price US$4,051/MT LAC index down 3.3%, average price US$839/MT RenCas index down 2.7%, average price US$6,133/MT SMP index down 4.5%, average price US$2,090/MT WMP index up 2.6%, average price US$3,111/MTThe CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
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