David Surveyor, chief executive of Alliance Group, says the cooperative’s focus over the past year was on ensuring the business strategy gained traction.

Hope for better lamb prices this season appear to be evaporating quicker than a summer shower.

Exclusive collections of fabrics and knitwear now being launched in the UK trace back to a very small but stroppy sheep farmed in the South Island and parts of Australia.

Local meat processor Blue Sky Meats (BSM) has reported a $2 million loss, blaming it on bad timing.

Venison exporters and Deer Industry NZ (DINZ) are promoting new cuts to chefs to increase returns from the whole deer carcass and to help keep venison on restaurant menus.

Details announced on Friday for new regulations for young calves are part of a wider programme to strengthen bobby calf welfare.

The country's biggest meat processor is facing farmer backlash over harsh payment terms imposed on its goods and service providers.

Meat Industry Excellence (MIE) chairman Dave McGaveston has dismissed as "naïve" the Beef + Lamb NZ board argument that further funding of MIE is futile.

Fonterra's profit announcement will be small consolation for dairy farmers facing an extended period of low milk returns.

A significant lift in strong wool prices is the main aim of a newly announced industry and Government-backed research project.