Midday Report for Wednesday 5 October 2011

12:35 PM.News from the rural and farming sectors. Audio

12:26 PM.All Blacks fans may think the sky's fallen in with Dan Carter's World Cup exit but their quarter-final opponents aren't convinced Sunday's knockout match has got any easier. Audio

12:17 PM.Global dairy prices fall at Fonterra's latest auction. Moody's downgrades Italy's creditworthiness and the sharemarket rises. Audio

12:00 PM.Oil leaks from a large container ship stuck on a reef near Tauranga. A Wellington school says an earthquake building upgrade plan will still leave people at risk. Audio