Sheep farmers desperately looking for a lift in lamb prices this coming season may be in for more disappointment, according to Alliance Group chairman Murray Taggart.

Westland Milk Products has signed a joint venture agreement with leading paediatric milk formula company Ausnutria to create a new stand-alone infant formula blending and canning company to be called Pure Nutrition Ltd.

Synlait has had its strongest year yet, tripling after-tax profit to $34.4 million for the year to July 31.

Milk powder exports falling in August have contributed to a 8.7% fall in the monthly value of exports when compared with August 2015, Statistics NZ says.

The tourism sector appears flippant both on the risk their industry poses through arriving passengers, and the importance of biosecurity, Horticulture New Zealand says.

AgResearch has been awarded $4.25m in funding to develop sensors which will accurately measure the quality of export beef, lamb and venison in order to enhance consumer confidence in New Zealand’s meat.

Fonterra’s recording of its highest ever EBIT, which resulted in Fonterra Farmers receiving a 60% increase on the earning per share received last season, was a positive result in an otherwise challenging environment.

Interest in dairy sheep is slowly but surely rising in New Zealand, claims real estate company Bayleys.

Britain's National Sheep Association is alarmed at Australia proposing a free trade deal with the UK effective when it leaves the European Union.

New Zealand Avocados chief executive Jen Scoular was in China last week looking at the potential market for avocados.