The Hound understands that Mike Petersen’s time as NZ agriculture’s special trade envoy will soon end.
Analysts are now picking a dairy price recovery by the end of the year. Haven't they said that for the last three years?
Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.
Record revenue was made in the last quarter, despite the NZD depreciation and average per tonne values being down.
A drop in fresh milk prices by 14% contributed to food prices falling by 1.3% in the year to December 2015, Statistics New Zealand says.