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Fonterra's debt reduction gets tick of approval

Fonterra's chief financial officer Marc Rivers says the improved rating outlook reflects the co-op's work improving its balance sheet over the last few years.

Fonterra's strategic review following two years of financial losses has received a tick of approval from ratings agency Fitch.

Published in General News

Meat exports remain strong in 2020

Analysis from the Meat Industry Association shows high levels of meat exports in 2020.

New Zealand's red meat sector exported $9.2 billion worth of products during 2020 – an increase of 1% on the previous year.

Published in General News

Deer boss optimistic on venison

DINZ chief executive Innes Moffat says he’s optimistic about venison exports in 2021.

Innes Moffat says he is optimistic for exports of venison in 2021.

Published in General News

Dairy shines in Covid world

Southern Pastures' Tom Bailey says consumers are flocking back to dairy products as Covid shines the light on health and wellness.

Consumers are flocking back to dairy products as Covid shines the light on health and wellness, says Tom Bailey, the new senior vice president for Southern Pastures.

Published in General News

Dairy goes gangbusters

Chinese demand for New Zealand dairy products remains strong.

China's growing appetite for New Zealand dairy products is showing no signs of abating.

Published in General News

Debt reduction strategy gets tick of approval

Fonterra says work done to improve its balance sheet over the last few years is paying off.

Fonterra's strategic review following two years of financial losses has received a tick of approval from ratings agency Fitch.

Published in General News

NZ dairy enjoys pole position

Tom Bailey, Southern Pastures, says the premium food trend isn't going away.

New Zealand remains in pole position to benefit from the premium food trend, says dairy expert Tom Bailey.

Published in General News

Specifically suited to New Zealand conditions

The Tuatara's development came in direct response to customers who found out that ATV-derived UTVs weren't up to the job in extreme conditions.

They say beauty is in the eye of the beholder.

Published in Machinery & Products

Set for another profitable year

Rabobank estimates a rise in Chinese milk production for 2021.

NZ agriculture is set for what looks likely to be a generally profitable season in 2020/21, with most sectors seeing average to above-average pricing, manageable cost inflation, and production holding up well.

Published in Agribusiness

Ag outlook positive but risks abound - report

Rabobank’s Emma Higgins says amidst significant global turbulence, NZ agricultural producers are poised to enjoy a fifth consecutive year of general profitability in 2021.

New Zealand's ag sector is “travelling astoundingly well” amid global turbulence and is poised for a profitable 2021, according to Rabobank’s outlook for the coming year.

Published in General News