Primary Sector
Explore the latest primary industry news by BusinessDesk.
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Primary Sector
Govt takes $20m stake in Ballance hydrogen project
The government is investing almost $20 million for a stake in the green-hydrogen project being developed at Ballance Agri-Nutrients’ Kapuni plant.Ballance and partner Hiringa Energy are planning to install four wind turbines near the plant to provide a renewable electricity suppl...
Primary Sector
Former Zespri chair in box seat to replace Fonterra's Monaghan
Fonterra Cooperative Group chair John Monaghan will retire from the Fonterra board in November, with former Zespri chair Peter McBride the most obvious successor to oversee New Zealand's largest multi-national business.The world’s biggest dairy exporter said it plans to announce...
Primary Sector
Milk price review complaints a matter for Parliament - judge
The High Court has knocked back a challenge to the Commerce Commission’s pass mark for Fonterra’s 2018 milk price, saying the regulator followed the law correctly.Justice Christine Grice dismissed Open Country Dairy’s application for a judicial review. It had argued the commissio...
Primary Sector
Dairy prices extend retreat as coronavirus clouds outlook
Dairy product prices declined for the third consecutive time at the Global Dairy Trade auction, though analysts noted the drop was not as large as some had anticipated. There were “expectations of a bigger fall,” Bank of New Zealand economist Doug Steel said in a note.“Covid-19 f...
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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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