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NZ export log prices record first drop in eight months as Chinese inventories build
AgriHQ

NZ export log prices record first drop in eight months as Chinese inventories build

New Zealand export log prices dropped for the first time in eight months as shipments to China exceed demand, resulting in a build up of inventory.

By Pattrick Smellie • 2 min read • Mon, 23rd Mar 2015
NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly
Supply Chain

NZ lamb wool prices fall from 4-year high as higher kiwi makes local wool more costly

New Zealand lamb wool prices fell from a four-year high at auction last week as a rising local currency made the fibre more expensive.

By Pattrick Smellie • 2 min read • Mon, 23rd Mar 2015
Dairy product prices drop as supply concern eases
Fonterra

Dairy product prices drop as supply concern eases

Dairy product prices dropped in the latest GlobalDairyTrade auction amid expectations that the supply of milk powder will not be as constrained as pre.

By Pattrick Smellie • 2 min read • Wed, 18th Mar 2015
CORRECT:NZ export log prices rise to 10-month high; domestic logs jump to highest in a decade
AgriHQ

CORRECT:NZ export log prices rise to 10-month high; domestic logs jump to highest in a decade

New Zealand export log prices rose to a ten-month high in February as local returns were bolstered by a decline in the kiwi dollar and lower shipping.

By Pattrick Smellie • 2 min read • Wed, 25th Feb 2015
NZ dollar edges higher after dairy auction as investors mull global concerns
Fonterra

NZ dollar edges higher after dairy auction as investors mull global concerns

The New Zealand dollar failed to jump significantly higher following a positive GlobalDairyTrade auction overnight as investors focused on global c.

By Pattrick Smellie • 2 min read • Wed, 18th Feb 2015
ANZ AgriFocus forecasts farmgate milk price of $4.50-to-$4.70/kgMS with tide turned on dairy prices
AgriHQ

ANZ AgriFocus forecasts farmgate milk price of $4.50-to-$4.70/kgMS with tide turned on dairy prices

ANZ AgriFocus signals modest dairy rebound with a projected NZ farmgate milk price of $4.50-4.70/kgMS amidst economic risks.

By Pattrick Smellie • 3 min read • Thu, 5th Feb 2015
NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction
Fonterra

NZ dollar jumps almost 2 US cents after whole milk powder prices rise in GDT auction

The New Zealand dollar surged nearly 2 US cents after whole milk powder prices jumped 19.2% at the GDT auction, boosting Fonterra's payout forecasts.

By Pattrick Smellie • 3 min read • Wed, 4th Feb 2015

Global Stories

NZ wool price rises 2.9% on strong demand
AgriHQ

NZ wool price rises 2.9% on strong demand

New Zealand's wool prices have surged by 2.9%, with 35-micron clean wool hitting NZD $5.30/kg due to strong overseas demand, surpassing a five-year high.

By Pattrick Smellie • 1 min read • Fri, 13th Feb 2015
Lamb wool prices close to 4-year high on increased demand from China
Fibre

Lamb wool prices close to 4-year high on increased demand from China

New Zealand lamb wool prices jumped to their highest level in almost four years at auction yesterday on increased demand for the apparel fibre.

By Pattrick Smellie • 2 min read • Thu, 5th Feb 2015