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Fonterra in $42m Chinese farm deal
Dairy giant Fonterra has released details of a $42m investment in a new Chinese dairy farm it says will soon house 3000 cows.
Dairy auction prices slip
Dairy prices have slipped at Fonterra's overnight online auction, with the globalDairyTrade index down 2.5 per cent.
Good things take time, but always come to an end
The adverts say: "Good things take time" and, for the two actors who have appeared on television as the faces of Mainland cheese for the past decade, that time is up.
NZX says dairy futures market launch successful
The stock exchange's new dairy futures market launched successfully at 8am morning and one trade today would make NZX head of markets Fiona Mackenzie ecstatic.
Dairy prices dip in overnight auction, remain firm
Prices slipped 1.3 per cent at Fonterra's latest online auction of milk powder, holding near a four-month high and keeping intact one of the pillars of New Zealand's terms of trade.
Fonterra confirms second highest payout
Fonterra has unveiled its second highest ever farmer payout, at $6.70 per kilo of milksolid, and says profits are up 12pc.
NZ Post tops new corporate reputation scale
NZ Post has come out top of a new Corporate Reputation Index, while Telecom has come bottom of the list.