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Fonterra collection down 5pc
Fonterra said it now expects its milk collections to be down by 5 per cent for the current season.
Fonterra said it now expects its milk collections to be down by 5 per cent for the current season.
It's shaping up to be another record year for the New Zealand apple crop in terms of volume, and it looks like quality will also be high.
A2 Milk more than tripled its first-half profit as demand for its A2 Platinum infant formula surged in its key Australia, NZ and China businesses.
New Zealand lamb wool prices continued to decline at this week's auction amid lacklustre demand during the peak production period. The
Kiwi consumers could soon have their pick of a new super-sized superfood - a jumbo blueberry the size of a $2 coin.
Zespri International will licence more production of its SunGold variety in Italy to meet rising demand and ensure 12-month supply.
Synlait Milk increased the forecast payout to $6.25 per kilogram of milk solids for the current season up from a prior forecast of $6/kgMS.
Rural services firm Allied Farmers said profit fell in its first half because of a decline in calf processing sales.
Dairy prices have lifted 1.3 per cent at Fonterra's GlobalDairyTrade auction, with the important whole milk powder price up 1 per cent.
New Zealand lamb wool, which was trading at a record high last season, has slumped by more than 50 per cent at recent auctions.
A ship carrying 4500 dairy cows has begun its journey to China after being cleared by authorities.
After a third year of growing the South American grain quinoa in the Moawhango Valley, plans are underway to begin selling it labelled "Kiwi Quinoa".
NZ Premium Whitebait plans to ramp up production for exports after a first successful harvest.
King Salmon passed an FMA sniff test despite only hinting at challenges in Sounds.
Fonterra is confident in its China strategy despite Beingmate Baby & Child saying losses for 2016 will be about double the previous forecast.
Beingmate said its revenue and profitability showed a slight improvement but annual losses had become "more significant than previously expected".
Glass bottled, pasteurised full-cream milk "straight from the vat" is making a comeback.
New Zealand's most often quoted statistic - the sheep to people ratio - has taken another hit, according to Statistics NZ.
Small businesses are upbeat about the year ahead, with confidence at its highest level in almost two years.
Returns from New Zealand's lamb exports may be restrained by the kiwi's strength against the British pound.
The chief executive of troubled baby formula maker Bellamy's is stepping down in the wake of its share price plunge.
John Luxton, former Dairy NZ chairman and one-time minister of agriculture, says his honour is for his fellow farmers.
Justine Kidd, managing director of Hawke's Bay-based farmers collective Kitahi, has been honoured for her services to the dairy industry and equestrian sport.
Southland beef breeder Laurie Paterson has been acknowledged in the New Year Honours for his long and innovative career.
Dairy farmers face a brighter future after a big rebound in prices.
Lewis Road Creamery is "delighted" to have resolved a complaint with Fonterra.
New Zealand milk collection fell 5.7% in first half due to unfavourable weather.
A2 Milk Co shares gained after the milk marketer played down fears about the infant formula market stemming from ASX-listed rival Bellamy's Australia's extended trading halt.
Prices at Fonterra's fortnightly GlobalDairyTrade auction have dipped slightly.
A company has been charged for allegedly claiming its bee pollen product was sourced from New Zealand when it actually came from China.