![Fonterra cut to hit farmers](/pf/resources/images/placeholders/placeholder_l.png?d=792)
Fonterra cut to hit farmers
The industry group DairyNZ estimates that one quarter of dairy farmers will have difficulty paying their bills if Fonterra's reduced farmgate milk price comes to pass.
The industry group DairyNZ estimates that one quarter of dairy farmers will have difficulty paying their bills if Fonterra's reduced farmgate milk price comes to pass.
Fonterra has this morning cut its forecast farmgate milk price payout to its farmers, with its chairman admitted it'll put pressure on farm budgets.
A Trans-Pacific Partnership (TPP) agreement could boost New Zealand's agricultural exports to the other partner countries by up to 13 per cent by 2025, the United States Department of Agriculture....
Wholemilk powder prices continued to decline while other products showed signs of improvement at this morning’s GlobalDairyTrade auction.
ANZ's commodity price index fell for the ninth month in a row in November, as milk powder prices hit five-year lows.
Falling dairy prices have begun to undermine one of the foundations of the economic upswing, rising national income from the most favourable terms of trade.
China's demand for wood products is forecast to continue growing faster than its own domestic production, NZ market data provider AgriHQ said.
New Zealand's posted its largest monthly trade deficit for October in six years, led by a fall in dairy exports to China
The rest of the world has woken up to the growth in demand for food, particularly for proteins, that will occur over the next 30 years.
Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.
New Zealand producer input prices fell in the third quarter as lower farmgate milk prices reduced input costs for dairy manufacturers.
A freshly inked free trade agreement could allow Australia to play catch-up with New Zealand's ballooning growth in dairy exports into the Chinese market, according to research commissioned by the NZ....
Affinities, rather than the geographical proximity between two countries, are often the true basis for a close relationship, writes Wynne Gray.
Fonterra now looks certain to drop its farmgate payout to its farmers, after prices fell in the latest overnight dairy auction.
The free trade deal announced with South Korea is extremely good news for a number of our export industries, writes Liam Dann.
The diversity of the countries within the Asia-Pacific Economic Co-operation bloc has meant it has stayed on the backburner. Until now, that is.
International dairy prices showed signs of stabilising at this morning’s GlobalDairyTrade auction.
New Zealand commodity prices fell for the eighth consecutive month in October, to the lowest level since March last year.
The Dunedin-based meat company expects pretax earnings of $5m to $7m in the year ended Sept. 30 following losses the previous two years.
Entrepreneur Sam Morgan says the government grant programme is stupid.
NZ exporters will have better access to up to more than $2 trillion worth of government contracts, with a trade deal signed two years ago expected to come into force soon.
Trade Minister Tim Groser says he has concerns that New Zealand's market access for its dairy products under the Trans-Pacific Partnership (TPP) could be sewn up in private talks.
Twenty years ago, the prospect of irradiated fruit and vegetables from Australia going on sale here would have attracted strong opposition.
NZ's monthly trade deficit has widened more than expected as falling prices for logs and dairy products weighed on exports.
A long-awaited free trade agreement between New Zealand and South Korea appears close to being inked following talks in Seoul last week.