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Agribusiness news

Fonterra’s first-half profit climbs to $729m
Fonterra raises first half profit, dividend, keeps $10/kg milk price forecast

$42m debt owed by major cherry grower in liquidation
Across the three registered companies, the business owes roughly $42 million.

Stock Takes: A trade sale for Mainland?
Australia’s Bega Group is a potential buyer due to existing Fonterra ties.

Comvita optimistic about 2026 despite cutting 67 jobs
The honey producer spoke of a “radically simplified organisation”.

Why US dairy exporters should fear NZ in China demand slump
The US Dairy Export Council is flagging more Downunder competition in important markets.

Fonterra says full-year earnings will be in ‘upper half’ of range
It has a 40c to 60c per share guidance range.

Skellerup posts record profit despite footwear sales slump
Skellerup expected its full-year profit to be between $52 and $56 million.

Zespri delivers on tall sales order for Asia-Pacific market
Achievement included record deliveries to Japan.

Fake kiwifruit crackdown: Zespri imposters in China get jail time, fines
The sentences were over counterfeit Zespri labels.