Wools of New Zealand has signed an agreement with leading Chinese rug and manufacturer Yangxin Ruixin Group for the company to use Wools of New Zealand branding on its products.

Covid-19 took global shipping rates to mind boggling highs, but over the subsequent 12-15 months they returned to more sustainable levels. Fast forward to July 2024 and rates have nearly doubled over three months.

The meat industry is launching a campaign in China to make consumers aware of the unique health attributes of New Zealand's grass-fed animal meat.

August could be a crucial month for the farmgate milk price for this season, according to Rabobank senior agricultural analyst Emma Higgins.

With 2023 behind us, the global market for agricultural tractors closed with a decline in terms of units, but with growth in terms of value.

Dairy

The golden era of international trade is over, and a new order has emerged.

Shareholders of troubled milk processor Synlait have voted overwhelmingly to support a $130 million loan from its biggest shareholder, Bright Dairy of China.

Dairy Companies Association of New Zealand (DCANZ) executive director Kimberly Crewther said that while the Our Land and Water National Science Challenge report concerned itself with alternative proteins, the value of dairy as part of a sustainable food system extended beyond protein.

Troubled milk processor Synlait’s second largest shareholders remains coy on how it will vote at a special general meeting on Thursday.