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The attached report contains the latest benchmark prices for lamb, beef and deer (works and store prices), as well as updates on the forces that influence these prices (including international market prices, exchange rates and local procurement issues).
Over the past few weeks, US imported beef prices have dropped as a result of reduced demand for imported product.
Quantec Ltd has signed a major deal to sell its patented milk protein ingredient – IDP - to Auckland-based NZ New Paradise.
A judge has ordered a Northland farmer to pay $24,000 for illegal discharges of dairy effluent from a storage tank and pond at the man's Donnelly's Crossing property in 2010.
There was quality aplenty in the ewe pens at Stortford today and despite the dismal weather a good bench of buyers bided up with prices up a notch on recent weeks.
The value of NZ exports have continued to fall from their peak in November 2011.
The North Island store cattle market is fairly quiet as farmers batten down the hatches for winter.
The store cattle market in the South Island is still fairly buoyant in comparison to the lamb job seeing the outlook appears more promising.
Fonterra has welcomed Government announcements on the 2011 Review of New Zealand's Emissions Trading Scheme, while restating its commitment to emissions reductions.
New Zealand's leading rural lender, ANZ New Zealand, has signed a Memorandum of Understanding with dairy industry organisation DairyNZ to work together to boost the financial performance of dairy farms.
More...
THE UNITED Nations general assembly in December 2009 declared 2012 to be the International Year of Cooperatives in recognition of the contribution of cooperatives to global, social and economic development.
WHEN FARMER Henry Schipper’s vet rung him earlier this year with a proposal to try a new plant extract on his pasture, he agreed as there was “nothing to lose”.
There are signs the dairy market could be stabilising. At the recent global dairy trade auction, prices somewhat maintained the sharp gains made in the prior auction.
There was a large variance in works prices paid for lambs in the South Island last week so it continues to be difficult to put a peg in the sand on where the general market is.
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