Primary Sector
Explore the latest primary industry news by BusinessDesk.
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Primary Sector
China trade distorts log costs for local processors, MPs told
Prices for New Zealand logs have been “highly distorted" by the country’s trade with China and do not represent a fair international price, MPs were told yesterday. Government proposals to ensure a more reliable log supply for domestic mills were a reasonable first step but su...
Primary Sector
Farmers feeling less 'undue' pressure from banks, public liking them more
Farmers are feeling less pressure from their banks, they seem to have found some public favour, and worker pay is improving. The May 2020 survey from Federated Farmers found those feeling “undue pressure” from their banks dropped to 19 percent from 23 percent in the previous...
Primary Sector
Livestock farm profits face 20% hit this season
Livestock farmers will see inflation-adjusted pre-tax farm profits drop by a fifth this year, down an average $25,800 at $104,400 for the season to the end of June. The grimmer outlook from Beef+Lamb New Zealand reflects the impact of drought and the outbreak of the covid-19 h...
Primary Sector
'Obscene' urgency on forestry bill will cost jobs, MPs told
The government’s “rough and rushed” legislation to try to manage log flows from the country’s forests would cost jobs and slow the recovery of the economy post-covid, MPs were told today. Parties had just one week to submit on legislation – being managed under Budget urgency –...
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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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articles by Riley