Timely profit boost for Fonterra
Fonterra looks set for a big rebound in its annual net profit when it reports its result tomorrow, but the dairy co-operative will face challenges as the sector worldwide tries to adapt to low demand....
Fonterra looks set for a big rebound in its annual net profit when it reports its result tomorrow, but the dairy co-operative will face challenges as the sector worldwide tries to adapt to low demand....
Silver Fern Farms embarked on a roadshow to sell farmers on bringing in China's Shanghai Maling Aquarius as a shareholder in its newly formed venture.
This season's lamb crop is expected to fall by 5.7 per cent compared with last year, says Beef and Lamb New Zealand in its latest season outlook.
British farmers are bleating after a supermarket was accused of trying to pass off Kiwi lamb as Scottish.
Fonterra has confirmed it has put on hold a proposed coal mine at Mangatangi while it assesses its energy options.
Nominations have opened for seats on Fonterra's board, with chairman John Wilson and two other directors up for re-election.
Crunch time is fast approaching for the farmer-funded industry group, Beef and Lamb New Zealand.
Fonterra's new $230 million high-efficiency milk powder plant at its Pahiatua site has processed its first milk.
A new online exchange aims to help investors who own shares in private companies or units in property, farm or forestry syndicates to trade them more easily.
Landcorp should be lined up for a partial privatisation to inject new private capital into the company instead of selling off farm assets at the bottom of the dairy cycle, writes Fran O'Sullivan.
Fonterra's market share in the South Island has slipped beneath the 80 per cent threshold specified in its enabling legislation, Minister for Primary Industries Nathan Guy says.
Signs look good for Fonterra that dairy prices will bounce in tomorrow's GlobalDairyTrade (GDT) auction.
Fonterra's forecast of a 2 per cent fall in milk production this season is looking more conservative by the day as farmers cull stock.
Should we be dismayed or relieved at the disarray the Trans-Pacific Partnership negotiations are in? Sorry, but on the information to hand it is impossible to say.
Westland will decide on its final 2014/15 payout in September.
Concentrating on marketing its cuts rather than processing them is paying dividends for a niche meat exporter.
Disgruntled Alliance Group shareholders have gathered sufficient support to force a special meeting to discuss the potential benefits and risks of a merger with fellow co-operative Silver Fern....
A $16.65m programme to develop and commercialise new ways to process food could add $250 million a year to NZ's export earnings within 20 years.
A sharp decline in whole milk powder prices looks likely at the twice-monthly GlobalDairyTrade auction on Thursday, with futures market pricing suggesting a drop of about 8 per cent.
Investment expert Mark Lister looks at whether our "rock star economy" is headed for recession.
Business confidence has fallen to a three-year low, led by regions like Waikato, Canterbury and Southland particularly exposed to the dairy sector.
Silver Fern Farms says the group agitating for change at New Zealand's biggest meat processor has misled shareholders.
Silver Fern has enlisted the services of investment bank Goldman Sachs to advise it on possible equity raising options as it seeks to reduce debt.
Low dairy prices have not dampened demand for palm kernel - a supplementary feed which has the effect of "turbo-charging" milk production.
Heinz Wattie and Hawkes Bay fruitgrowers have lined up against what they say would be a relaxation of New Zealand's anti-dumping regime if Government proposals go ahead.
Lincoln University in Canterbury is known for its stubby-wearing students and land-based prospectus. For the first time in the university's history, females outnumber males.
Prosecutions against those behind fishing vessels that tangled with the Royal NZ Navy over summer have been hailed as a "giant step forward" by Foreign Minister Murray McCully.
A second interest rate cut by the Reserve Bank next month is now a done deal and a third is increasingly on the cards before the year is out.
New Zealand apple growers have enjoyed another strong season and the industry looks set to hit the goal of $1 billion in export receipts earlier than the 10-year target of 2022.