Prices increase at combined wool sale
Prices increase at combined wool sale
Favourable exchange rate movements helped boost prices at last week's combined North and South Island wool sale.
Neal Wallace
Refusal to pay wool levy criticised
Refusal to pay wool levy criticised
Does generic marketing of strong wool work? That appears to be at the heart of a dispute between Wool Partners International (WPI) and the National Council of Wool Interests.
Kiwi a high-flier with Emirates Group
Kiwi a high-flier with Emirates Group
The scene outside Gary Chapman's Emirates Group offices in Dubai and the pictures on the walls inside replicate the history of the Middle East city-state.
Talks on wool co-op merger stall
Talks on wool co-op merger stall
Difference in the motives of their business partners appears to be the sticking point in merger talks between two wool co-operatives, the future of which appears finely balanced.
Straight as an arrow the way to do business
Straight as an arrow the way to do business
Arrow International's influence can be seen throughout the New Zealand building industry. Business reporter Neal Wallace meets one of the men behind the company which is celebrating 25 years in business.
Rural property market remains slow
Rural property market remains slow
The rural property market continues to limp along, with few sales, and subdued prices, according to the latest Real Estate Institute of New Zealand (REINZ) figures.
Singapore enterprise adds to stake in NZFSU
Singapore enterprise adds to stake in NZFSU
The second-largest shareholder in Open Country Dairy has increased its majority stake in New Zealand Farming Systems Uruguay.
Southern farmers win
Southern farmers win
Southern dairy farmers scooped the major prizes at the New Zealand Dairy Industry Awards at the weekend, with South Otago's Blake Korteweg named trainee of the year and Stefan and Annalize du Plessis, of Southland, sharemilkers of the year.
Milk price offsets lower production
Milk price offsets lower production
A high milk price offsetting below-target production has allowed South American dairy farmer New Zealand Farming Systems Uruguay to reaffirm earlier financial guidelines of an expected full-year loss on earnings before interest and tax of up to $NZ14 million.
Last major asset of RPI sold
Last major asset of RPI sold
The winding up of Rural Portfolio Investments by receivers is almost complete with the sale yesterday of its last significant asset, 10 million shares in New Zealand Farming Systems Uruguay.
Deer herd smallest in 16 years
Deer herd smallest in 16 years
Deer numbers have fallen to levels last seen in 1994 as the sector continues to feel the fallout from record prices earlier this decade.
Productivity key to reducing emissions: study
Productivity key to reducing emissions: study
Improved productivity could reduce on-farm greenhouse gas emissions from sheep by up to 12%, according to the author of a study which calculated the carbon footprint of sheep.
Strong start for bio-tech
Strong start for bio-tech
The new financial year has started strongly for biotechnology company PharmaZen and should see it at least match the 2008 pre-tax profit of $444,000, well ahead of last year's $186,000 profit.
Business the winner in science funding
Business the winner in science funding
A $234-million-dollar investment boost in research and development for business will help lift the country's economic performance, Prime Minister John Key said yesterday.
Greater emphasis put on cash flows
Greater emphasis put on cash flows
Farmers should revere cash flow as they prepare for a life of tighter credit and banks adhering more strictly to lending policies.
Wool prices up despite rising dollar
Wool prices up despite rising dollar
Wool prices snubbed a rising exchange rate and rose slightly at last week's combined North and South Island wool sales.
New SFF beef brand aimed at Europe, UK market
New SFF beef brand aimed at Europe, UK market
Silver Fern Farms has launched a branded range of Hereford beef aimed at the European and United Kingdom food service market.
Wool Partners refuses to pay levy on testing
Wool Partners refuses to pay levy on testing
Wool Partners International is refusing to pay a levy for wool testing to the International Wool Textile Organisation (IWTO), understood to be needed to cover the costs of a recent promotion.
Access to credit expected to tighten
Access to credit expected to tighten
Farmers are correct in saying access to credit has got tighter, and banks are warning that trend will only increase as the availability of cheap money ends and banks look to invest in Asia.
Turnaround due to successful launch in China
Turnaround due to successful launch in China
Biotechnology company PharmaZen has recorded a million-dollar turnaround in its accounts to report a $445,000 annual profit for the year to December 31.