The rapidly declining exchange rate has caused Silver Fern Farms to breach a banking covenant with its shareholders' funds, but the meat co-operative said the business was not affected.
A new centre for reproduction and genomics laboratory opened at the Invermay research campus yesterday was an example of how the science community should collaborate more.
The Department of Conservation (Doc) could become the country's largest carbon trader.
The Alliance Group is not following the lead of Silver Fern Farms by paying the cost of livestock cartage, claiming the move is a procurement incentive.
A sharp fall in the price of beef has prompted Silver Fern Farms not to activate its November Backbone beef supply contract.
The dairy boom appears to have come to a halt, with land prices dropping 10% to 15% in recent weeks on the back of tumbling international product prices and concerns Fonterra may further lower this season's payout.
As global dairy prices tumble from their record highs, criticism of Fonterra's Internet auction system is growing as competing dairy companies complain it is accelerating the easing in prices. Agribusiness Editor Neal Wallace reports.
Another property developer has found itself in financial difficulties with the backer of a 50-lot rural subdivision near Alexandra placed in liquidation this week.
With the summer dry arriving earlier than usual, the sweeping land-use changes to dairying and cropping may create an unexpected problem for sheep farmers.
Instead of battling the Central Otago summer dry, Callum and Kate Wilson could work around it, a field day was told last week.
Falling property prices and investment returns wiped 11% off household net wealth this year, according to brokers ABN Amro Craigs.
Silver Fern Farms is continuing with plans to change its governance structure even though the proposed partnership with PGG Wrightson is history.
The Government is not appealing a High Court ruling it reneged on an agreement stopping a group of Maniototo farmers from grazing sheep on the Ida Range.
Iain Abercrombie confesses to underestimating the size of the challenge he faced when appointed chief executive of Wool Partners International (WPI), a new body charged with resurrecting the fortunes of the wool industry.
Farmers are being urged to support the national animal identification and traceability (NAIT) scheme or risk having markets demand a system.
Meat appears to have so far missed the worst of the international economic crisis.
Dunedin will lose another publicly-listed company, with the board of Botry Zen seeking to delist from the New Zealand Stock Exchange as it looks to cut costs following solvency issues earlier this year.
North Otago farmers Colin and Stefan Mavor are this year's Lincoln University Foundation Farmers of the Year.
The country's largest fine wool marketing company, New Zealand Merino, has reported a steady end-of-year profit before tax of $1.9 million for the year ended June 30.
Dunedin's Hilton hotel development is not affected by the liquidation of four companies connected to hotel developer McEwan Group Ltd, the developer says.
