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Solid start to the year for dairy prices in first global auction

Solid start to the year for dairy prices in first global auction Newshub 5/01/2021 © Getty Prices for whole milk powder rose 3.1 percent. Global dairy prices have risen 3.9 percent in the first global dairy trade event of the year. The average price for commodities was US$3420 (NZ$4715) per metric tonne (MT), up from US$3317/MT in the last auction in mid-December. Prices for whole milk powder - the most important product for New Zealand farmers - rose 3.1 percent, to US$3306/MT Lactose prices saw the biggest jump, rising 7.4 percent to $US1099/MT, while butter was up 7.2 percent to US$4526/MT. Butter milk powder rose 6.9 percent to US$2876/MT, anhydrous milk fat was up 5.5 percent to $US4604/MT and skim milk powder edged up 4.1 percent to US$3044/MT.

Northland news in brief: Tractor Spectacular fires up; and $700k Lotto Strike win

Northland news in brief: Tractor Spectacular fires up; and $700k Lotto Strike win 20 Dec, 2020 04:00 PM 3 minutes to read The Tāupo Bay Tractor Spectacular attracts a convoy of colourful and creative tractors and is on again on December 30. Northern Advocate Every year the people of Tāupo Bay pay tribute to the tractor, converting their usually humble workhorses into colourful and creative parade machines. Once a year residents and bach owners spend days pimping their tractors in preparation for the annual Tractor Spectacular, with the resulting parade on December 30 invariably deteriorating into a giant water fight. The tractors themselves range from lovingly restored classics to relics held together by rust and No 8 wire.

Agricultural focus helps rural NZ dominate latest regional rankings

Agricultural focus helps rural NZ dominate latest regional rankings Newshub 18/12/2020 © Provided by Newshub Northland has come out on top in ASB s latest Regional Economic Scoreboard, helped in part by a strong forestry sector. The scoreboard takes into account factors like employment, population growth and house prices to rank the economic performance of the country s 16 regional council areas. Northland moved up seven places to snag the top position for the September quarter, in what the bank described as a stunning performance .  Rural New Zealand dominates our index, with Bay of Plenty and Waikato rounding out the top three, said senior economist Chris Tennent-Brown.

Rural NZ dominates latest regional economic rankings, thanks in part to agricultural focus

He said Northland s top spot came amid challenging conditions for the region. It’s an impressive performance given the region should have been more exposed than most to the reimposition of COVID Alert Level 3 in Auckland during August. Its high ranking was attributed to solid population growth, as well as its figures for employment, retail trade and new car sales. Forestry in the region was also described as being a big boon . Forestry exports are performing strongly thanks to the rapid Chinese recovery, and the booming construction outlook domestically is also acting as a key support. Forestry products are also one of the few commodities where prices are also largely matching last year, Tennent-Brown said.

Business Scoop » Northland And New Zealand s Rural Sector Steal The Show In The Latest ASB Regional Economic Scoreboard

Press Release – ASB Northland climbs seven spots to take top place Rural New Zealand dominates this quarter with Bay of Plenty and Waikato rounding out the top three The North Island is still the place to be as the South Island trails Taranaki dropped eight spots, … Northland climbs seven spots to take top place Rural New Zealand dominates this quarter with Bay of Plenty and Waikato rounding out the top three The North Island is still the place to be as the South Island trails Taranaki dropped eight spots, slipping from fourth to 12th after a mediocre quarter The winterless North takes the lead

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