Primary Sector
Explore the latest primary industry news by BusinessDesk.
Infrastructure
Receivers called in after sale of pine processor Claymark falls through
Receivers have been appointed to Claymark Group after a deal to buy the country’s biggest manufacturer and exporter of premium pine products fell through.New Zealand Future Forest Partnership had agreed to buy Claymark’s local and US operations, taking on more than 500 staff acro...
Primary Sector sponsored by
ASB
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Dairy index falls on weaker butter, milk fat demand
Product prices were mixed at the Global Dairy Trade auction amid lower appetite for milk fats.The GDT price index fell 0.5 percent from the previous auction two weeks ago, its first decline since early September. The average price was US$3,467 a tonne, compared with US$3,481 a to...
Markets
What Chinese SMEs want from New Zealand
A visiting Chinese academic says primary industries should be key to Kiwi firms who want to export to the world’s second-largest economy, and they should be doing it online. Zhejiang University of Technology’s Renyong Chi emphasised the importance of the internet economy at the C...
Economy
Chinese demand for food drives export growth in October
Chinese demand for animal protein because of swine fever disrupting pork supply there drove another month of double-digit export growth for New Zealand firms selling into the world’s most populous nation. Exports to China rose to $1.5 billion in October, 22.8 percent more than...
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Riley Kennedy
Journalist
Riley is the New Zealand Shareholders Association emerging journalist of the year, 2022. Riley's journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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