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Some dairy farmers will be forced to sell - RB
Some dairy farms holding too much debt will be forced to sell some or all of their operations, the Reserve Bank warned in its latest Financial Stability Report.Debt levels within the agricultural...
- NZPA Wednesday November 11, 02:09 PM -
Farmers may yet get another dairy payout boost
Fonterra's new forecast of an increased payout of $6.05/kg of milksolids for this season provides "much-needed breathing space," BNZ economists say.They predicted last night the dairying margin...
- NZPA Tuesday November 10, 06:43 AM -
Fonterra windfall puts farmers back in the black
Fonterra's boost of nearly 20 percent in its forecast milk payout is not only buoying the New Zealand dollar -- farmers are pretty chuffed about it too.The kiwi jumped from US72.45c to US73.40c on...
- NZPA Monday November 9, 08:30 PM -
NZ dollar rises on Fonterra dairy payout
The New Zealand dollar rose after dairy co-operative Fonterra increased its forecast payout to farmers to $6.05 per kilogram of milksolids, from the $5.10 announced in September.The NZ dollar rose as...
- NZPA Monday November 9, 05:27 PM -
NZ dollar rises on higher Fonterra forecast payout
* Kiwi rises on forecast higher dairy payout * Kiwi recoups some losses against the Aussie * Swap rates higher, bonds lower WELLINGTON, Nov 9 (Reuters) - The New Zealand dollar NZD= rose on...
- Reuters Finance News, Australia Monday November 9, 05:02 PM -
NZ dollar firm on higher Fonterra forecast payout
WELLINGTON, Nov 9 (Reuters) - The New Zealand dollar NZD= was firm on Monday after dairy giant Fonterra, which generates about 7 percent of New Zealand's gross domestic product, lifted its forecast...
- Reuters Finance News, Australia Monday November 9, 12:57 PM -
NZ dollar leaps as Fonterra raises payout forecast
WELLINGTON, Nov 6 (Reuters) - The New Zealand dollar NZD= jumped close to a cent on Monday after dairy giant Fonterra, which generates about 7 percent of New Zealand's gross domestic product, lifted...
- Reuters Finance News, Australia Monday November 9, 09:54 AM -
NZ dollar surges after Fonterra move
The New Zealand dollar spurted higher around 8am after Fonterra announced it was increasing its forecast payout to farmers to $6.05 per kilogram of milksolids, from the $5.10 announced in...
- NZPA Monday November 9, 09:38 AM -
Fonterra lifts forecast payout
Dairy cooperative Fonterra lifted its forecast payout to farmers to $6.05 per kilogram of milksolids, from the $5.10 announced in September.Fonterra chairman Sir Henry van der Heyden said the higher...
- NZPA Monday November 9, 08:52 AM -
G20 ministers to firm up global recovery, climate funding
ST ANDREWS, Scotland (AFP) - Hosts Britain told the G20 it had "no reason to give up" on a new climate change deal Friday, as finance ministers met for talks on bolstering the world...
- AFP Finance News Saturday November 7, 08:55 AM -
Fonterra set to expand production in Australia
Fonterra is expanding its Echuca plant on the Murray River in Victoria, Australia, to produce yoghurt.A total of A$21 million (NZ$26.9m) will be spent tripling the Victorian site's capacity, by...
- NZPA Friday November 6, 06:23 PM -
Rising housing, dairy prices putting pressure on OCR
Rising prices for houses and rents in Auckland, and for dairy products, are thought to be adding to pressure on the Reserve Bank to raise official interest rates earlier than planned.TD Securities...
- NZPA Wednesday November 4, 03:31 PM -
NZ dollar recoups some losses after Fonterra auction
WELLINGTON, Nov 4 (Reuters) - The New Zealand dollar NZD= recouped some losses on Wednesday after higher dairy prices at the latest auction boosted appetite for the currency amid broader caution on...
- Reuters Finance News, Australia Wednesday November 4, 09:16 AM -
Fonterra online auction prices up 13.7 percent
Dairy farmers are looking forward to a happier New Year after 2010 prices lifted an average of 13.7 percent in Fonterra's latest monthly online dairy auction to () a tonne, up from...
- NZPA Wednesday November 4, 08:53 AM -
Te Uku wind farm makes progress
WEL Networks is putting a third of a 25km transmission line from its Te Uku wind farm near Raglan underground, allowing the preservation of some trees on the route.Wel Networks and Meridian Energy...
- NZPA Tuesday November 3, 01:22 PM
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