Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
China trade fears unmatched by good alternatives: report
Fears that New Zealand is overly reliant on trading with China ignore that there are few more attractive markets for many of the country's major exports, says a report by economic consultancy Sense Partners for the New Zealand China Council."Asserting that NZ is 'too'...
Primary Sector
Farmers to get $122m in fertiliser cheques
Fertiliser heavyweights Ballance Agri-Nutrients and Ravensdown have fought their way through the covid-19 response, kicking back rebates of $54 million and $68 million respectively to farmer-shareholders, reflecting the impacts of extreme weather on farm input use. Ballance's...
Primary Sector
Sanford to close processing plant, cut 65 jobs
Sanford will close its Tauranga fish processing plant and cut 65 jobs in response to to reduced processing volumes and new earthquake building standards. The covid-19 pandemic has resulted in processing volumes in the North Island dropping significantly as Sanford is processin...
Primary Sector
Log export prices down, but kiwifruit could prop up local demand
Wharf gate returns for New Zealand logs are 12 percent below the five-year average on the back of overstocking, the summer slowdown in China and as spruce logs are being dumped into Asia from Europe. This has seen higher volumes of logs stocked on wharves in China with prices...
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Riley Kennedy
Senior Journalist
Riley Kennedy joined BusinessDesk in 2022 and covers New Zealand’s primary sector, with a focus on the country’s agribusinesses and the broader food and fibre economy. He won the DairyNZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024, and was named Emerging Journalist of the Year by the New Zealand Shareholders Association in 2022. Riley previously worked as a business specialist at the Otago Daily Times and holds a diploma in journalism from Wintec.
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