Milk price meltdown: The $5b hit coming to NZ’s economy
It means less tax for the Government and some farmers may not be able to stay in business.
It means less tax for the Government and some farmers may not be able to stay in business.
Hurrell says midpoint of $7/kg will be tough on farmers and rural communities.
Price is well below what most economists were expecting.
An important global whole milk powder price has gone south.
Serial inventor says Shear Edge offers new hope for strong wool.
There are allegations Fonterra's still in the driving seat, despite industry law changes.
The two dairy giants agreed to sell DPA for $210 million.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
The government made a similar move with NZ Steel earlier this year
The newcomer already plans a second Waikato plant: is the South Island also on the radar?
Alleged failures during years of PwC audits for dairy giant Fonterra.
Miles Hurrell said the market had some rebalancing of inventory to go through.
A former Fonterra director made the complaint to the Financial Markets Authority in 2019.
Fonterra has taken a small stake in US biotech company Pendulum.
Whole milk powder prices dropped at the first GDT auction for the 2023/24 season.
Fonterra's "mid-point" forecast of $8/kg will be close to break-even for farmers.
Fonterra says it will be a decade before it will abandon coal altogether.
Rachel Usmar is the DWN's Regional Leader of the Year 2023.
The smallest average herd sizes are in Northland, Auckland and Taranaki.
Next season's milk price may start with a seven in front of it.
All did not go according to plan and exports were unsuccessful.
Company hits billion-dollar revenue mark for the first time.
Boat showrooms can stand down, soaring on-farm costs got to the money first.
Fonterra's first half profit has jumped.
The new tech will support Fonterra’s strategy for keeping employees safe.
Some recent trends bring optimism, but unknowns permeate economic outlook.
Inflation, sustainability, R&D and China high on board's menu.
The co-op's chief operating officer is leaving after a three-year stint.
Big exporter needs 200 degree Celsius steam to dry milk into powder.
Dairy logistics boss Fraser Whineray expects headwinds, but China reopening an offset.