The value of New Zealand’s red meat exports last year suffered an 11% drop to $10.2 billion, compared with the 2022.

There is a feeling of optimism in the dairy industry, says Federated Farmers dairy section chair Richard McIntyre.

A leading farm accountant and consultant believes the dairy industry has turned a corner as the rural sector navigates a downturn.

The man largely responsible for setting up Miraka, the country’s first Māori dairy company, is stepping down.

OPINION: The New Year is now well underway and appears to have started promisingly on the weather front, with lots of warm, dry days.

A leading accountant and agribusiness advisor says the present downturn in the rural sector is like no other he's seen in his nearly 60 years in the business.

While dairy remains the biggest export earner for the NZ primary sector, it is facing some challenges in the coming two years.

Following two consecutive Global Dairy Trade (GDT) price rises this year, overall prices now sit at their highest since June 2023.

The absence of Chinese processors at dairy auctions is failing to keep global prices down.

It's a real challenge for the country's red meat sector.