The medium to long term outlook for NZ dairy farmers remains sound, despite yesterday's payout cut, says rural lender Rabobank.

Fonterra said it had launched a separate milk sourcing subsidiary - mymilk - to grow its market share in the South Island.

Fonterra plans to cut costs and defer some capital expenditure so that an improved dividend can at least partially offset a likely $6b decline in income for the sector.

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.

Economic Development Minister Steven Joyce has confirmed it would be harder to justify government funding if the America's Cup is Bermuda-bound in 2017.

The group of kiwifruit growers who allege the Government agency Biosecurity NZ was negligent in allowing the disease Psa to be introduced into New Zealand lodged their claim in the High Court in Wellington today.

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....

The free trade deal announced with South Korea is extremely good news for a number of our export industries, writes Liam Dann.

Private dairy ingredient manufacturer Open Country Dairy has told its suppliers to expect a reduced payout in a range of $4.70 to $4.90 per kg of milksolids for 2014/5.

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.

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.

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.

Twenty years ago, the prospect of irradiated fruit and vegetables from Australia going on sale here would have attracted strong opposition.