The Alliance Group is investigating sourcing South American lamb to fill orders it cannot meet from New Zealand.
Fonterra has responded to calls for it to take action against suppliers who pollute waterways by saying it can impose financial penalties on farmers or refuse to collect their milk - but confirms it has yet to do so.
A group lobbying for changes to the meat industry is headed to the High Court to force Silver Fern Farms to set a date for a special general meeting.
The meat industry is targeting China as an emerging market for lamb.
Some meat companies are tightening conditions on the supply of ram lambs, saying the meat of older animals can taste tainted.
Exporters could finally get some sustained exchange-rate relief, with predictions the New Zealand dollar could settle below US65c.
The Alliance Group has given the clearest signal yet that meat companies will report improved financial results this year.
Alliance Group has rejected overtures by Silver Fern Farms, saying the risks of merging outweighed the benefits.
"Hello Kiwi. Kia ora, bro," came the call as I walked down a street in Istanbul's Grand Bazaar.
It's where East meets West and business is all about talking Turkey. Farming editor Neal Wallace took a look.
The country's sheep flock has shrunk to 34 million, its smallest in 58 years as drought and dairy conversions provoked the largest percentage decrease recorded in one year.
Silver Fern Farms has initiated a fresh round of merger talks with fellow meat company co-operative Alliance Group, writing this week to invite Alliance directors and shareholders to join its proposed integrated meat company.
Three farmers have been named as Silver Fern Farms directors on a new eight-member board, should shareholders approve the sale of half the company to rural servicing company PGG Wrightson.
Federated Farmers is seeking assurances a new animal identification scheme will not be used other than to track stock during a health incursion scare.
Lamb is forecast to hit $90 by 2012.
The sheep industry may be at a low ebb, but it may not require radical changes to improve its economic performance.
Dairy farmers are being advised to consider once-a-day milking at the start of the new milking season, to help the recovery of light-conditioned cows.
The outlook looks bright for the rapidly expanding Otago wine industry.
Farm gate revenue is expected to increase 26% in the next four years, according to new forecasts by the Ministry of Agriculture and Forestry.
The dairy sector is expected to continue underpinning the country's economy for the next four years, increasing revenue by $1 billion and milk flows growing by 3% a year by 2012.