Farmgate milk price forecasts by at least two banks, ASB and BNZ, have now been hiked upwards to $5/kgMS for the 2015-16 season.

A firming NZ dollar and more reserved overseas buying combined to lower most prices at this week’s wool auction, says NZWSI.

Chinese company Shanghai Pengxin is surprised and extremely disappointed with the Government decision to knock back its bid for Lochinver Station.

Chinese company Shanghai Pengxin is surprised and extremely disappointed with the Government decision to knock back its bid for Lochinver Station.

Shanghai Pengxin's application to buy Lochinver Station has been declined because the benefits to New Zealand are not substantial and identifiable, Ministers Paula Bennett and Louise Upston say.

Silver Fern Farms' board plans a 50:50 partnership with China's leading meat processor Shanghai Maling, a listed company based in Shanghai, owned 38% by Bright Food Group.

It seems that farmer/shareholder ownership of primary sector entities is almost worshipped in some quarters.

Australian farmers are piling pressure on the Opposition Labour Party to support the proposed free trade with China.

Consolidation in the deer industry in the last five years means mainly the more committed farmers are left, which is good for the industry, says Kris Orange.

Sheepmeat returns are softening and one analyst believes it’s all down to one part of the animal.