Heavy metal addicts of the farm machinery kind made a pilgrimage recently to Morrinsville for distributor and retailer Power Farming’s ‘Big Night Out’.

Farm sales remain consistent, but are well below the levels seen in 2016, says the Real Estate Institute of NZ (REINZ).

The Global Dairy Trade had its eighth consecutive fall last week putting more downward pressure on Fonterra’s $6.75/kgMS milk price forecast, says BNZ senior economist Doug Steel.

Synlait's final average total milk price for FY18 has been announced as $6.78/kgMS.

A billion-dollar drop in Fonterra’s fortunes leaves the co-op vulnerable to increasing competition, says Federated Farmers Dairy president Chris Lewis.

Fonterra has posted a $196 million loss for 2018, the first in the co-op’s 17-year history.

Rural real estate sales in autumn this year were down on both the number of sales and price per hectare versus the same period last year. 

Dunsandel farmer Michael Woodward may be Federated Farmers North Canterbury dairy chairman but his real passion is the angora goats he inherited from his father John.

Fonterra is “very comfortable” with its $7/kgMS farmgate milk price forecast for the 2018-19 season, says chairman John Wilson.

Fonterra farmers will get an extra 20c/kgMS for milk supplied to the co-op this season.