NZ Farmgate Beef Prices Hit Record Highs in Early 2026
Farmgate beef prices remain at record levels and show no sign of easing.
OPINION: The Hound reckons the country's hard-pressed wool growers will be pleased to know that rural banking specialist Rabobank has laid woollen carpets in its new Hamilton-based HQ.
Apparently, after relocating its head office from Wellington to the third and fourth floors of a central Hamilton building, it was suggested synthetic carpet squares would be more appropriate because rolls of carpet were too big to lift.
However, Rabobank chief executive Todd Charteris, recognising it would be a bad look, wasn't having a bar of it.
In fact, he was so determined to have wool carpet he arranged for it to be craned in.
Rabobank sourced 3000kg of wool from three of its clients to be woven into the carpet.
It's good to see a major rural service company backing the industry.
Good work Rabobank!
The New Zealand red meat sector has signed an open letter to parliamentarians from BusinessNZ, urging swift ratification of the India-New Zealand Free Trade Agreement (FTA).
Wools of New Zealand is joining calls for New Zealand to urgently ratify a Free Trade Agreement with India.
Fonterra says Richard Allen will succeed Miles Hurrell as its new chief executive.
Cyclone Vaianu is continuing its track south towards the Bay of Plenty, bringing with it destructive winds, heavy rain, and large swells, says Metservice.
While Cyclone Vaianu remains off the East Coast of New Zealand, the Waikato Civil Defence Emergency Management (CDEM) Group says impacts have been felt overnight.
A Local State of Emergency has been declared for the Waikato for a period of seven days as the region prepares for Cyclone Vaianu to hit the area.

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