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AGRIBUSINESS

Todd Muller became leader of the National Party on Friday.
Agribusiness

Rural sector an "absolutely huge" priority for Todd Muller

National's new leader says agribusiness will be "front of mind" for him if he becomes the country's new Prime Minister.

Fonterra gave a business update on Thursday.
Agribusiness

Dairy farmers prepare to tighten purse strings with milk prices set to drop

Farmers won't be in any rush to buy new big-ticket items and banks will be making sure they live within their means, with lower milk prices likely.
Fonterra chief executive Miles Hurrell.
Agribusiness

Fonterra profits show co-op on 'home straight' of 'reset' after big loss last year

The co-op reported a profit of $815 million before tax in the nine months to April 30.
Due to the pandemic the dairy market is volatile, the co-op said.
Agribusiness

Fonterra 'tracking well', set to contribute $11 billion to economy this year

The co-op has forecast a 2020/21 farmgate milk price range of $5.40 - $6.90 per kgMS, with the advance rate set at the mid-point of $6.15 per kgMS.
Wool auctions will resume on Thursday.
Agribusiness

Woolly woes: The problem with NZ's struggling wool industry

"Every time you think it can't get any worse it does."
Prices had an overall rise of 1 percent.
Agribusiness

Prices 'better than expected' at global dairy auction

Prices had an overall rise of 1 percent, to US$2907 a ton.
Watch: Conor English, chairman of Agribusiness New Zealand, spoke to Paul Henry.
Agribusiness

Head of Agribusiness NZ says diversity 'not a bad thing' over concerns trade too dependent on China

"China is a fantastic market for us and it's been a key driver for agriculture and the rest of the economy, but there's nothing wrong with a bit of diversity, is there?"
There was record demand despite challenges and disruption to the supply chain as a result of COVID-19.
Agribusiness

Red meat exports top $1 billion, break monthly record

Demand is strong despite COVID-19.
Judges said Ash-Leigh Campbell exuded energy and passion for the dairy industry.
Agribusiness

Ngāi Tahu farm manager named Fonterra Dairy Woman of the Year

Judges said she exudes energy and passion for the dairy industry.