Weak lamb prices are cutting into sheep and beef farmers' profits this season.

Falling global dairy prices, dry conditions and high input costs are tightening the margins for Australia's dairy farmers and reducing national milk production.

Red meat farmers say their current onfarm returns are not sustainable.

Westland Milk Products is dropping its forecast payout for this season.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

On-shelf dairy prices for consumers in China are too high so demand is not growing, says Fonterra's chief executive Theo Spierings.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.

Deer Industry New Zealand says the northern summer trial promotion of Cervena venison in the Netherlands went down well with chefs and their customers.