Koreans' taste for pizza is growing, to the benefit of Fonterra.
Heavy lambs retreat to $100-$108, but ewes prices make a big gain at Christchurch sales
The best ewes climbed to $132 as the market remained unchanged at Coalgate livestock sales.
As expected, Silver Fern Farms has posted a poor earnings result for the year, with after- tax loss of $30.6m.
Wool prices have yet to come out of their slump.
The velvet season is off to a sluggish start with sales volumes lower than usual for this time of the year.
Beef prices will continue to be relatively buoyant next year, but increased production will put pressure on.
It was a nostalgic day for farmers and stock agents when the Tinwald stock saleyards hosted its final auction on Tuesday.
Small store lambs were in demand, but prime lamb prices eased.
A total of 3610 lambs went under the hammer and all were sold.
Confounding expectations, merino wool continued its market climb, thanks to demand for non-mulesing wool.
Prime ewes sold for as much as $136 at Christchurch sales.
Prices lifted $5 a head in the biggest ewe yarding of the season at Coalgate.
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Frustrated sheep farmers are watching crossbred wool prices drop further.
The ewe market lifted at the Coalgate sale.
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We, a group of more than 30 New Zealand editors, are writing to say, with respect, you are wrong.
Farmers were prepared to pay more for ewes at Coalgate sales to control spring grass growth.
The prime ewe market lifted with ewes making an extra $3-$5 at Christchurch.
Stock values were mostly unchanged except for lighter lamb prices at Coalgate sales.
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Top spring lambs made $135 at livestock sales at Coalgate.
Pita Alexander looks at the good, bad and politically ugly of US farming.
The best of the lamb pens reached $132 a head at Christchurch sales.
Last season's lambs took a knock in price as more spring lambs came into the Coalgate yards.
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Months of tapering crossbred wool prices have levelled off in Christchurch.
Prices were back $1 to $3 a head for both the prime lamb and ewe markets at Christchurch.