Broker buys 946,000 shares
Broker buys 946,000 shares
An unknown sharebroker appears to have unwittingly bought 946,000 Botry Zen shares which could now be worthless.
Neal Wallace
NZFSU gains offset by risks
NZFSU gains offset by risks
Higher international dairy prices have translated into a brighter outlook for New Zealand Farming Systems Uruguay, but a leading sharebroker warns risks with the stock remain.
Summit 'exaggerated' SustaiN effectiveness
Summit 'exaggerated' SustaiN effectiveness
A leading fertiliser manufacturer, Summit Quinphos, has been found to have made misleading claims over the effectiveness of its nitrogen-inhibiting product SustaiN.
Industry standard sought
Industry standard sought
Summit Quinphos is seeking an industry standard for the presentation of how pasture performance reacts to fertilisers, after being stung for releasing misleading, ambiguous claims about a product.
Genetic tool chips in for sheep breeding
Genetic tool chips in for sheep breeding
A new genetic tool that could be as revolutionary for sheep breeding as computer technology has been, should be available to farmers from early next year.
Broker admits wool returns oversold
Broker admits wool returns oversold
Elders Primary Wool has conceded it oversold the returns expected from its supply contract with United States carpet retailer CCA Global Partners, announced in February.
Elders accused of failing to deliver
Elders accused of failing to deliver
Failing to deliver on promised high wool prices has damaged the credibility of Elders Primary Wool, with some farmers saying company staff were no longer welcome on their farms.
Sheep farmers lose out
Sheep farmers lose out
Despite a second successive year of record lamb prices, sheep farmers are not realising the benefits.
PGG rights issue finds favour
PGG rights issue finds favour
Interest from institutional investors in PGG Wrightson rights was a sign the stock was back in favour, according to local brokers.
Another look at dairy Act
Another look at dairy Act
The Government is seeking submissions on the soon-to-expire Dairy Industry Restructuring Act, which creates competition in the dairy industry.
Spotlight swinging back to wool
Spotlight swinging back to wool
Wool Partners International expects to go to farmers for funds next March.
Funded wool research in dire straits, body warns
Funded wool research in dire straits, body warns
Funded research in New Zealand into wool carpets and upholstery looks like ending as a result of farmers deciding to stop paying a wool levy.
Stockpile may hurt milk powder prices
Stockpile may hurt milk powder prices
Small mountains of stockpiled butter and milk powder in the United States and Europe could dampen but were not expected to curb growing global demand, according to a report by Rabobank.
Omarama farm development a long time in the making
Omarama farm development a long time in the making
The proposed Omarama dairy farm development appears to have been planned for at least four years.
PGGW rights issue supported
PGGW rights issue supported
Brokers are urging PGG Wrightson (PGGW) shareholders to participate in its rights issue, saying the company should enjoy better times now many of the listed rural servicing company's problems appear behind it.
Welfare not an issue in housing cows, farmer says
Welfare not an issue in housing cows, farmer says
Public concern about housing cows in sheds should not include animal welfare issues, says a South Otago farmer who has built two sheds to winter 400 dairy cows.
Fonterra accused of monopoly move
Fonterra accused of monopoly move
Fonterra has been accused of anti-competitive behaviour, with critics claiming proposed changes allowing farmers to trade its shares between themselves will lock them into supplying the co-operative.
ETS opportunity in trees, farmers told
ETS opportunity in trees, farmers told
Livestock farmers are being told to look at the emissions trading scheme (ETS) as an opportunity, not a liability.
Help urged for stress of eco-farming
Help urged for stress of eco-farming
Farmers are coming under greater pressure from policy makers to reduce their environmental impact, and AgResearch scientists warn that pressure will only heighten.
NZ carbon credits selling
NZ carbon credits selling
The carbon market may, on the surface, sound fictional, but it is real, although rules will restrict the volume of credits that can be traded internationally.