Primary Sector
Explore the latest primary industry news by BusinessDesk.
Primary Sector
Essential food processors take massive wage subsidies
Primary food processors deemed essential under government’s lockdown restrictions, have received wage subsidies totalling about $90 million.The Ministry of Social Development’s online tool, developed to promote transparency of payments under the scheme, shows that the two major m...
Primary Sector
Platforms like StockX may relegate livestock sales yards to the past
Livestock sales yards may become a thing of the past as New Zealand’s lockdown creates opportunities for niche players like StockX, an online marketplace.Yards would normally be teeming with animals as farmers look to offload stock for winter. Instead they stand empty as they wer...
Primary Sector
Silver Fern Farms' profit boosted by Chinese demand
Silver Fern Farms posted a net profit of $70.7 million for the year to December 2019, up from $5.8 million the year before on the back of higher red meat exports into China.The company, jointly owned by China’s Shanghai Maling Aquarius Limited and farmer-owned Silver Fern Farms C...
Primary Sector
Strict limits as some wood processing resumes
Some wood processors will be cleared to resume limited operations this week in order to ensure supplies of key products during the current lockdown or to avoid costly damage to plant.The Ministry for Primary Industries’ forestry arm - Te Uru Rakau - will oversee a phased increase...
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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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