Chinese-owned independent processor Oceania Dairy will be exporting infant formula from its Glenavy plant in South Canterbury by the end of this year.

Oversupply is still the underlying weakness affecting dairy prices, says ASB rural economist Nathan Penny.

Jittters over the Chinese stock market were behind the 10.7% drop in the overall Global Dairy Trade price index last week, giving some hope of a minor bounceback, says one economist.

In the first quarter of this year New Zealand’s beef exports were worth NZ$1 billion, according to meat industry blog MeatExportNZ.

Feds president William Rolleston has called for the NZ government to stand strong in the TPP negotiations. 

Concern is growing in political and economic circles that the low dairy prices could tip New Zealand into a recession.

The first wool auction of the 2015/16 season saw a 92% clearance with a slightly softer tone, says NZWI general manager, John Dawson.

BNZ senior economist Craig Ebert says he doubts the crisis on the Chinese sharemarket will trigger a wholesale collapse of the Chinese economy.

Despite milk price volatility most Australian dairy farmers enjoyed a good 2014-15 season.

Three Massey University agricultural scientists have been appointed advisors to a massive indoor sheep farming operation in China. This has potential to benefit New Zealand long term, says one of the scientists, Professor Hugh Blair.