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Bellamy's CEO exits after $500m wipe-out
The chief executive of troubled baby formula maker Bellamy's is stepping down in the wake of its share price plunge.
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.
Invercargill based Alliance Group says chefs and restaurants have offered favourable feedback on its new class of lamb.
New Zealand farm sales rose 7.4 per cent in the three months ended November 30.
The recent pick up in dairy prices back to profitable levels may take some time to flow through New Zealand's economy as farmers focus on paying down debt.
The Ministry for Primary Industries has warned revenue from the sector is likely to fall by 0.8 per cent in 2017 to $36.7 billion.
Fonterra has told investors in the cooperative's unit fund that it's critical the government continues driving regional and multi-lateral trade agreements.
Fonterra wants to lift its UHT sales in China through its flagship brand, Anchor.
Fonterra has told shareholders that the indicative payout level this season will be $6.40 per kilogram of milk solids.
China's Shanghai Maling has completed its purchase of a controlling stake in Silver Fern Farms.
The New Zealand dollar regained the ground shed after the shock resignation of Prime Minister John Key.
Advances in whole milk powder prices at recent GlobalDairyTrade auctions is bolstering the outlook for New Zealand's largest export commodity.
This baby formula company was a share market darling, riding the wave of a Chinese boom in demand. But the party's over.
From Monday milk tankers and other essential freight will be given access in and out of Kaikoura.
Synlait has been named the winner of this year's Deloitte Top 200 Best Growth Strategy category.
Zespri has been named the winner of this year's Deloitte Top 200 Most Improved Performance category.
Fonterra topped the Deloitte Top 200 again this year for profit -- increasing 65 per cent.
A small band of protesters stood outside Fonterra's headquarters in downtown Auckland today to demonstrate against the co-operative's extensive use of coal.
Westland Milk, New Zealand's second biggest dairy co-op after Fonterra, has owned up to a poor performance over 2015/6.
The Reserve Bank remains wary about the risks posed to the financial system by high levels of dairy farm debt, despite sharply higher milk prices.
South Island dairy products processor Synlait Milk has increased its forecast farmgate milk price by $1 to $6 per kilogram of milk solids.
The 7.8 earthquake damaged around 20 per cent of Marlborough's storage tanks, but 2016 still promises to be a good year for wine.
Senior Fonterra executive Nicola Willis has resigned her Auckland-based position to seek nomination for the National Party in the Labour-held seat of Wellington Central.