Latest from Rural business

Farming couple's business solves flooring problem

A business was born after West Otago dairy farmers were floored by a problem.

China applies to join Pacific trade pact abandoned by Donald Trump

China has applied to join an 11-nation Asia-Pacific free trade group.

Rate freezes in container shipping met with a mix of hope and scepticism

A hint that red hot container rates may be peaking.

'Bumper crop' of kumara selling at low prices

Kumara prices are sitting at low levels not seen for nearly a decade.

GDP surges 2.8% - economy was booming before lockdown

GDP data for the second quarter to June 30 points to an economy close to overheating.

Singapore's Olam has 'ambitious' plans for NZ

Olam will cash in on the provenance of NZ milk - like industry leader Fonterra.

Record profit for NZ Merino Company

Company's Ebit $6.4 million - a significant increase on the forecast $1.9 million.

Fonterra reports milestone in journey to get out of coal

Wood pellet conversion main achiever.

Delay in country of origin labelling disappointing - NZ Pork

Govt delays regulations covering fresh/chilled food, including pork, until February 2022.

China's shake-up heightens regulatory risk for Kiwi businesses

Investors in China have been shaken in recent weeks by a slew of regulations.

Campaign encourages Kiwis to buy local pork

NZ Pork says back local farmers by only buying "home grown" pork during Covid levels.

'You don't make money at Level 3': Grower glad for return of farmers markets

Dunedin grower says no farmers markets at level 3 was "frustrating".

Synlait in $30m sale and leaseback deal for Mangere plant

Debt laden Synlait Milk has entered a sale and leaseback deal for its Mangere plant.

'Significant' changes for methyl bromide use underwhelm

Changes are coming for use of the gas at the Port of Tauranga but locals aren't impressed.

Damages reduced to $12m against grower who smuggled kiwifruit into China

Billions of dollars of future exports at risk by the actions of a Bay of Plenty grower.

At last! Prices finally rebound in Global Dairy Trade auction

GDT prices have lifted 4% on the last event, with a 3.3% rise in WMP.

Strong dairy prices at GDT support Fonterra forecast

A strong GDT auction is expected to be supportive for Fonterra's milk price forecast.

Synlait seeks to slash 150 jobs to save $10-15m

Synlait wants to cut its staff levels by 15 per cent to save $10 to $15 million.