NZ Milk Price Could Hit $10/kgMS as Global Supply Eases
A 'tsunami' of milk from key exporting countries is winding down and this may be good news for New Zealand dairy farmers.
OPINION: The Hound reckons the country's hard-pressed wool growers will be pleased to know that rural banking specialist Rabobank has laid woollen carpets in its new Hamilton-based HQ.
Apparently, after relocating its head office from Wellington to the third and fourth floors of a central Hamilton building, it was suggested synthetic carpet squares would be more appropriate because rolls of carpet were too big to lift.
However, Rabobank chief executive Todd Charteris, recognising it would be a bad look, wasn't having a bar of it.
In fact, he was so determined to have wool carpet he arranged for it to be craned in.
Rabobank sourced 3000kg of wool from three of its clients to be woven into the carpet.
It's good to see a major rural service company backing the industry.
Good work Rabobank!
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.