Ravensdown has reported a net profit before tax and rebate of $50.1 million for the year ended 31 May 2026.

A milk glut around the world shows no sign of easing, putting downward pressure on farmgate milk prices for the next few months.

Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.

Vintage 2026 yielded excellent fruit for most New Zealand wine regions.

Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.

Farmers need not worry about fertiliser supply this autumn but the prices they pay will depend on how the Middle East conflict plays out.

After what has been a difficult year with redundancies and factory downsizing, John Deere is reversing course, announcing it will bring 140 employees back to its Waterloo, Iowa operations as demand increases for its 8R and 9R tractors.

New Zealand farming is riding a high, with strong prices, full feed covers and improving confidence lining up at the same time.

Despite some trying circumstances recently, the cherry season looks set to emerge on top of things.

Coming in at a year-end total at 3088 units, a rise of around 10% over the 2806 total for 2024, the signs are that the New Zealand farm machinery industry is turning the corner after a difficult couple of years.