Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Silver Fern repays wage subsidy, declares $12.4m dividend
Silver Fern Farms, the country's largest red meat company, has paid back its $43.3 million covid-19 employee wage subsidy to government and declared a dividend to the shareholder cooperative of $12.4 million. The payments come on the back of the $70.7 million net profit the co...
Primary Sector
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Peter Griffin: PETER GRIFFIN: Agritech kickstart - about time
The government’s plan to kickstart growth in the agritech sector is long overdue recognition that we are missing a golden opportunity to apply our primary sector expertise to the digitisation of agriculture.Launched on Tuesday after more than a year of development and consultatio...
Primary Sector
Covid fears drive dairy stockpiling
Global dairy prices held up in the overnight auction as some buyers jostled to shore up supply against a backdrop of rising covid-19 cases in key markets While the Global Dairy Trade price index eased 0.7 percent, the result was better than expected with whole milk powder pric...
Primary Sector
ELECTION 2020: Taskforce to speed up agritech
A joint government and industry taskforce will help commercialise New Zealand’s “under-invested” agritech sector, helped along by $95 million in innovation funding. Unveiling plans to accelerate NZ agritech, economic development Minister Phil Twyford said the aim was to “grow...
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Riley Kennedy
Journalist
Riley won the Dairy NZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024. He was the New Zealand Shareholders Association emerging journalist of the year in 2022. His 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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