Rising sales of dairy consumable products helped Skellerup deliver a record net profit of $48 million last financial year.

Dairy prices are falling on the back of weakening global demand for milk products but so is milk supply.

There is uncertainty in the dairy industry despite a 'normal' pricing outlook.

Data released this week by the Real Estate Institute of New Zealand (REINZ) shows there were 50 fewer farm sales for the three months ended May 2022 than for the same period in 2021.

Since Covid-19 reared its ugly head in early 2020, machinery manufacturers have faced and continued to face challenges and disruptions.

New Zealand's only tea farm is back on the boil.

China's Covid lockdowns are impacting on New Zealand agriculture, according to Rabobank.

Some 300 farmers around the country - supplying 12,000 dairy cattle for export to China have been left hundreds of thousands of dollars out of pocket due to the non-arrival of a live export ship.

Recent data released by the Real Estate Institute of New Zealand (REINZ) showed a drop in farm sales for the three months ended March 2022 compared to the same period last year.

Farm sales are easing and farmers may be holding onto land to cash in on high commodity prices.