Primary Sector
Explore the latest primary industry news by BusinessDesk.
Markets
Dairy manufacturers got better prices in June quarter
By Rebecca Howard Aug. 19 (BusinessDesk) - Dairy product manufacturers received higher prices in the June quarter, which helped boost New Zealand producer margins more generally. Prices received by producers, or output prices, lifted 0.5 percent for the quarter, recovering...
Primary Sector sponsored by
ASB
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Infrastructure
ComCom pushes Fonterra on impact of carbon reductions
By Rebecca Howard Aug. 15 (BusinessDesk) - The Commerce Commission wants more information from Fonterra Cooperative Group on what it thinks the cost of cutting carbon emissions will have on the milk price paid to farmers. Fonterra’s manufacturing sites source around 40 per...
Policy
Free
Potatoes vs people: govt moves to protect top vege-growing land
By Pattrick SmellieAug. 14 (BusinessDesk) - Lifestyle blocks and new subdivisions will be far harder to develop on areas of rich soil under a new national policy statement on highly productive land unveiled for submissions by the government today.In incubation since the 2017 elec...
Fonterra woes a drag for two biggest shareholders
By Rebecca Howard Aug. 14 (BusinessDesk) - Fonterra Cooperative Group's two biggest shareholders – Dairy Holdings and state-owned Landcorp Farming – say the latest downgrade will weigh on their own earnings and add to farmer malaise against a backdrop of already weak confidenc...
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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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