Silver Fern Farms took advantage of a recovery in the share price of PGG Wrightson - which yesterday announced a new cornerstone shareholder - to quit its 10 million shares in the rural servicing company.
Silver Fern Farms faces an unenviable decision about what to do with its 10 million shares in rural servicing company PGG Wrightson, which have halved in value since being issued in April.
The future of Shell New Zealand's 37% stake in roading contractor Fulton Hogan should be known within the next few weeks.
Fish and Game New Zealand has been ordered to pay $50,000 in costs for its failed High Court judgement on whether the public has the right to access Crown-owned pastoral lease land.
Opponents of 1080 appear to have adopted new tactics to end the use of the poison.
Seed producers and merchants have averted a possible shortage of kale seed for this sowing season after a frost late last year decimated Mid Canterbury seed crops.
Technology developed in New Zealand is helping reduce the use of chemicals on farms and orchards.
The New Zealand Merino Company has scored a first with an agreement with 144-year-old Italian woollen fabric manufacturer REDA to supply it with Zque quality-branded wool.
AgResearch will soon seek regulatory approval for field trials of new transgenic grasses it claims could reduce greenhouse gas emissions.
Silver Fern Farms has raised less than half the new capital from shareholders it had hoped for.
A candidate for the board of rural servicing company PGG Wrightson says he is standing up for the rights of small shareholders who own 50,000 shares or less.
Southland farmer and former Meat and Wool New Zealand chairman Jeff Grant will head a taskforce aimed at resurrecting the ailing wool industry.
Further increases in global dairy prices indicate a structural recovery in the market, commentators say.
Silver Fern Farms has scored a first for New Zealand sheep meat exporters by having its own branded chilled lamb consumer packs sold by one of France's largest supermarket chains.
Truck companies are urging Port Otago management and workers to settle an industrial dispute over a new shift, which is causing delays in the collection of containers.
The New Zealand dollar broke US73c yesterday, leading to fears the country's tentative export-led economic resurgence could be knocked off balance.
Proposed changes to the emissions trading scheme will reduce agriculture's competitive advantage but not necessarily the greenhouse gas it emits, according to a report by Dunedin consultants AbacusBio.
More than 13 million rights to buy new shares in rural and financial services company Pyne Gould Corporation have been traded in just two days.
It won't be rocket science that gets them through the dairy downturn, Geoff and Jan Keeling say, but a return to business basics.
The price of dairy land may have bottomed out, accord to a farm investor.
