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PGG Wrightson 'open to options' amid reports firm is putting out feelers for sale
By Paul McBeth March 15 (BusinessDesk) - PGG Wrightson is "open to options" after the firm hired investment bankers for a strategic review of the business and Australian media reported that it is preparing non-disclosure agreements with interested parties. The Australian Fi...
NZ lamb, mutton returns at record levels as supplies dwindle
By Tina Morrison March 15 (BusinessDesk) - New Zealand meat processors are having to pay more for lambs as supplies dwindle, pushing lamb and mutton returns for Kiwi farmers to record levels for this time of the year, according to AgriHQ's Monthly Sheep & Beef report for March...
UPDATE: NZ economy softer than expected in 4Q, likely to remain subdued near term
(Recasts lead and updates to add comment from economists) By Rebecca Howard March 15 (BusinessDesk) - The New Zealand dollar fell a quarter US cent after news New Zealand's economy grew at a slower-than-expected pace in the fourth quarter and economists now expect near-ter...