Federated Farmers hails rural banking report
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Sheep milk processor Maui Milk says it’s one of many companies being impacted by the imbalance between supply and demand for New Zealand sheep dairy products.
“On Monday the 26th of February we decided to shorten our 2023/24 milking season early and are currently working with our suppliers on options for the 2024/25 season,” the company told Rural News.
“We pride ourselves on being the pioneers of New Zealand’s commercial sheep milking industry.
“Unfortunately, covid and now the current global economy has been very difficult on the entire dairy industry.”
Maui Milk suppliers were told to end their 2023-24 season and stop milking. Many are struggling to find alternative processors and are being forced to dry off early.
Federated Farmers is offering farmers support through the Rural Support Trust.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.