Fonterra to spend up to $50m to support flagging share price
Dairy co-operative plans to buy back its own shares from June 30.
AdvertisementAdvertise with NZME.
Latest from Business
Global dairy prices rise for first time in three months
Positive auction stemmed a 16 per cent decline in auction prices since the start of March.
Race against time to price farm emissions by 2025
Farms are likely to pay emissions costs by 2025.
Lower kiwi dollar keeps export prices strong despite falls
The ANZ Commodity Index shows export prices rose in currency-adjusted terms.
Red meat exports achieve record April but markets prove volatile
New Zealand exported products worth $999.6 million during the month of April.
Feds banking survey shows more farmers feel under pressure
Bi-annual banking survey asked over 1000 farmers about their relationship with their bank.
NZ Rural Land Company sees silver lining in rising interest rates
Rural property investor believes short-term pain will lead to long-term gains.
Bremworth Carpet plant going 'from strength to strength'
A new woolstore is being built at its Castlecliff site.
Scott Tech signs $56m deal to build system for JBS Canada
The project will be the largest ever in Scott's history.
Up to six-week delay in cattle processing as meat works face backlog
Backlog for months due to staffing shortages as workers isolated with Covid-19.
Jamie Mackay: Farewell Tony Laker - a friendship forged by farming and footy
Remembering a great mate and businessman.
Market close: NZ shares rise on back of soaring a2 Milk
The S&P/NZX 50 Index rose 80 points, or 0.7 per cent.
How a tweet from Joe Biden injected life into a2 Milk's share price
A2 Milk's share price sparked back into life after a tweet from US President Joe Biden.
Me Today to raise funds after reporting $17.8m loss
Manuka honey company Me Today wants to raise funds after reporting a $17.8m loss.
Fonterra acts on plummeting share price
Fonterra will actively support liquidity in its tradeable shares on an interim basis.
Sirma Karapeeva on the state of the red meat sector
Meat Industry Association CEO in Oamaru last week to celebrate National Lamb Day.
Analysis: Can agriculture silence its critics on emissions action?
A 'clear commitment' of what agriculture has done, is doing and will do.
Small Business: Turning cherry orchard electric pays off
Accountant and computer programmer switch careers to horticulture.
Business digest: 2022 Primary Industries Good Employer Awards finalists announced
Got business news? Email carmen.hall@nzme.co.nz or zoe.hunter@nzme.co.nz
'Exciting developments': NZ's largest egg business moving to free-range
Zeagold Nutrition is NZ's biggest egg producer with1.3 million hens.
'Momentous occasion': Angus bull sells for $81,000
Kincardine Rainstorme R25 has fetched the top price of the bull sale season so far.
Salmon farm closes: Rising sea temps too warm for fish in Marlborough Sounds
New Zealand King Salmon will fallow three farms in the Pelorus Sound by next summer.
Fonterra sticks to earnings forecast despite 9-mth profit fall
Fonterra has pitched its milk price forecast for 2022/23.
Zespri financial results: Record year for kiwifruit marketer
Grower returns per hectare were the second-best on record across all varieties.
The Warehouse butters us up in a challenge to supermarkets
It may be a loss leader but how to explain a $4.30 price difference?
Nathan Guy to chair Apiculture New Zealand
Former minister for primary industries to replace independent chair, Bruce Wills.
North Otago irrigation company in receivership
Dispute about a cost blowout leaves Kurow-Duntroon Irrigation Company in receivership.
Waiheke vineyard loses yet again
Business argued the Environment Court had exceeded its jurisdiction.
Apple giant Bostock pulls Russian exports
Large Hawke's Bay company stops trade with Russia.
Fonterra in US trade talks but infant formula not on list
The world's biggest dairy exporter is shut out of the US finished infant formula market.
Defunct company Hawke's Bay Seafoods still owes $1.7 million
The large commercial fishing company has not traded since 2019.
Whakatāne Mill announces new chief executive
New CEO has held senior roles in multinational companies
Radical change is happening in NZ's finance industry
There will be more innovative social and green finance opportunities for investors.
Foresters mull appeal against Wairoa rates decision
"We believe we have good grounds for an appeal," NZ Forest Owners Association says.