Government Declares Medium-Scale Adverse Weather Event in Bay of Plenty, Gisborne/Tairāwhiti, and Canterbury
Recent weather events in the Bay of Plenty, Gisborne/Tairawhiti, and Canterbury have been declared a medium-scale adverse event.
While the uncertainty caused by COVID-19 continues, ran has brought some drought relief over the past week, says ASB senior rural economist Nathan Penny.
In his weekly commodities report, Penny says more rain is forecast.
“Over the past week, rain has brought drought relief to some drought-hit regions. Notably, drought conditions have eased in the Waikato and Northland,” he says.
“The lower North Island and the Coromandel appear to have missed out, but further rain is forecast around much of the country over the next seven days.
“While the rain is welcome, in some locations, the timing of the rain has meant that it is contributing more to setting up for next season than “saving” this season.” February dairy production was down 1.8% on February 2019, while meat processing capacity remains stretched in many regions. Penny notes that outside of the drought-hit regions, some parts of the South Island have had strong growing seasons.
“Anecdotally, crop yields and dairy production have been strong in parts of Canterbury,” he says.
Meanwhile, a hot summer hasn’t hampered kiwifruit production. The industry expects a 5% lift in this season’s harvest compared to last season, although some of the lift will be due to new plantings.
.
Āta Regenerative is bringing international expertise to New Zealand to help farmers respond to growing soil and water challenges, as environmental monitoring identifies declining ecosystem function and reduced water-holding capacity across farms.
Yili's New Zealand businesses have reported record profits following a major organisational and strategic transformation.
Owners and lessees of certain Hino Trucks New Zealand diesel vehicles have just 10 days remaining to register or opt out of a proposed $10.9 million class action settlement.
Silver Fern Farms has successfully produced and delivered 90 tonnes of premium chilled New Zealand lamb and beef to the United Arab Emirates via airfreight.
For the first three months of 2026, new tractor deliveries saw an increase over the previous two months, resulting in year-to-date deliveries climbing to 649 units - around 5% ahead of the same period in 2025.
QU Dongyu, director-general of the Food and Agriculture Organization of the United Nations (FAO), has issued a warning saying that global fertiliser scarcity caused by disruptions in the Strait of Hormuz will lead to lower yields and tightening food supplies into 2027.