Latest from Agribusiness

Dip in primary exports tipped
The value of primary exports will fall from unusually high levels over the 2014/15 year before recovering steadily in the following three years.

Avocado sales hit record $136 million
New Zealand avocado sales hit $136 million in the season ended April 30, double the previous season's, and setting new records in the export and domestic markets.

Terms of trade near high
The terms of trade reached the most favourable levels for more than 40 years in the March quarter as export prices rose and import prices fell.

NZ water rejected in Emirates
Waiwera mineral water destined for the United Arab Emirates was relabelled to sell in New Zealand after claims the water was unsafe.

Fonterra sets $7.00 seasonal milk price
Fonterra has set an opening milk price of $7.00 per kg of milksolids for the 2014/15 season and revised down its forecast for the current season.

Craig Armitage: China vital to export growth plan
China is now New Zealand's largest trading partner and expansion of economic links with this country will be vital to the New Zealand Government's goal.

Golden times return for kiwifruit trade
New disease-resistant variety helps industry bounce back from devastating Psa scourgeNeil Trebilco, president of NZ Kiwifruit Growers.

Review to expose farmers ripping off migrant labour
Rogue dairy farmers exploiting migrant workers have no place in the industry, a senior farming leader says.

Comvita annual profit rises 3.3pc
Comvita, which produces health products from manuka honey and olive leaves, lifted annual profit 3.3 percent.

Comvita buys Timaru-based NZ Honey
Natural health products company Comvita said it had agreed to buy NZ Honey from NZ Honey Producers Co-Operative in a $12.3m.

Milk price slide tipped
Dairy farmers can expect to see a drop in the milk price to around $7 a kg of milk solids .

Roadblock ahead for NZ log prices
New Zealand log prices appear to have levelled out after a strong run over the last year.

Big wineries look to tap Chinese market
Hawkes Bay wine producers are joining forces to try to cash in on the growing wine market in China.

MPs warned over plain packaging
New Zealand's wine and dairy producers will be forced to export their products without branding in retaliation for Government's introduction of plain packaging of cigarettes.

Brian Fallow: Wheeler fires exchange rate warning shot
Graeme Wheeler pointedly reminded us of his power to intervene if the kiwi dollar continues to climb while export commodity prices fall, writes Brian Fallow.

RBNZ may intervene to sell currency - Wheeler
The kiwi dollar dropped half a cent after the Reserve Bank governor said the bank may sell the currency should it remain high while export prices weaken.

NZ formula exporters cut to just five
Only five of New Zealand's 13 infant formula manufacturers have been approved to export product into China under new regulations that came into force today.

Farmer sits on $13.6m land profit
A large chunk of residential land for sale will enable the building of hundreds of new homes as the Auckland Council tries to solve the city's housing crisis.

Sheep and beef farm profits tipped to rise
Sheep and beef farm profits are expected to jump 35 per cent over 2013-14 from last year's drought-affected season.

Food giant to buy NZ dairy firms
French food giant Danone has entered an agreement to buy New Zealand dairy processing firms Sutton Group and Gardians.

Wine exports top $1.3 billion
New Zealand wine exports have rebounded to record levels as the wine growing industry continues its turnaround in fortunes.

Chinese hotpots send lamb flaps soaring
China's taste for hotpot has driven a four-fold increase in the price of lamb flaps, turning the offcut into a premium cut for kiwi farmers.

Trade surplus widens as dairy drives exports into China
New Zealand's trade surplus widened in March as Chinese demand for dairy continues to soar, driving annual export receipts to new records.