Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Cavalier selling property to finance wool strategy
Plans to sell and lease back its portfolio of properties are part of a range of opportunities to raise funds for Cavalier Corp's natural fibre strategy, said chief executive Paul Alston. Alston told BusinessDesk that listing the firm's three industrial sites, located in Auckla...
Primary Sector
Worker shortages could raise food prices
A looming labour shortage on the back of covid-19 worker limitations could see New Zealand crops of strawberries and asparagus left unpicked this season, meaning higher prices come summer. Strawberry Growers New Zealand said its members will be hit both by the absence of backp...
Primary Sector
Meateoric rise of pet food, post covid
Last year’s purchase of a 50 percent interest in Meateor’s New Zealand pet food business from Scales Corporation for $15 million has gone down a treat for Alliance Group, giving it a leg up into the fast-growing $60 billion pet food sector. Meateor, which procures and markets...
Primary Sector
Fonterra's carrot looks more like a stick
Fonterra Cooperative Group recently announced it will pay farmers more for sustainable, high-quality milk, but it turns out it's more of a stick than a carrot. The dairy exporter is introducing a cooperative difference payment of up to 10 cents per kilogram of milk solids if a...
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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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