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New Zealand needs to pull ahead of world on agri-innovation
By Rebecca Howard Dec. 1 (BusinessDesk) - New Zealand must pull ahead of the rest of the world in agri-food innovation in order to retain a competitive advantage, speakers told the Ministry for Primary Industry's food and fibre innovation conference on Thursday. "We need to...

Dairy auction prices expected to lift on looming threat of New Zealand drought
By Tina Morrison Dec. 1 (BusinessDesk) - Prices on the GlobalDairyTrade auction may lift next week, snapping four consecutive declines, as the increased threat of drought in New Zealand weighs on expectations for Fonterra Cooperative Group's milk production. The NZX whole m...

NZ terms of trade reach record high in September quarter on cheaper petrol imports
By Paul McBeth Dec. 1 (BusinessDesk) - New Zealand's terms of trade hit a new record in the September quarter as cheaper petrol imports offset lower export prices, which have been buoyed by strong butter prices in recent months. The terms of trade, which measure of the pur...