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.

Businesses in rural areas are feeling the effects of a marked slowdown in the agricultural sector, according the latest MYOB Business Monitor.

Canterbury-based independent milk processor Synlait Milk has reported a drop in profit, largely due to decreases in dairy prices.

Dairy farmers are welcoming the latest cut in the official cash rate.