February's production data released by DCANZ last week shows Fonterra’s drought impact warning was over-the-top and explains why markets have corrected so sharply, say analysts.

WHEN stock agents and farmers head to livestock sales in Gisborne, Wairoa and Rangiuru, they count on seeing Barrie Gordon.

THE MEDIAN FARM price per hectare rose 10% from March to April to $24,574, says the Real Estate Institute of New Zealand.

TURNOVER IN farms grew 41.4% year-on-year for the three months ended January but the median price/ha eased 5.6%, latest REINZ data shows.

IF INVESTORS continue to see record farmgate prices and vendors continue to sit tight on the back of these prices there is an expectation dairy property prices could really heat up heading into summer 2014. 

A SELF-POWERED, trailed bale wrapper recently re-released by Reese Agri does not need tractor power to operate and uses much less wrap than previously, says sales manager John Norfolk.

EXPECT TO see more soft feed wheats from European, notably UK, breeding programmes, growers at PGW's agronomy group field day last week heard.

Fonterra has announced a final payout of $6.40/kgMS for the 2011-12 season, a drop of 19% over the previous year.

Movements in dairy product prices have remained mixed over the last two weeks.