A swamp kauri company fined for draining protected wetland in Northland's "black gold rush" has failed owing more than $5 million.

A one-year ban instituted by Russia on food imports from the West could hurt NZ's dairy trade, even though local exports are exempt, say economists.

The South China Morning Post's editors have a sense of humour: "New Zealand MP Winston Peters accused of racism over Wong joke" was the headline.

Itell my students that my initial enthusiasm for economics was sparked by the most attractive female teacher at my school. Unfortunately they will need to find other reasons for enjoying the subject.

Auckland infant formula maker New Image says it is "getting back into production" for the Chinese market now it has finally received clearance to export its products.

Russia's sweeping bans on imports of European, US and Australian food may prove a diplomatically embarrassing bonanza for New Zealand's cheese exporters.

Dairy product prices slumped to the lowest level since October 2012 in the latest GlobalDairyTrade auction, paced by whole milk powder and cheddar.

Exporters can only hope that the economic news out of the United States this week will reinforce, or at least not reverse.

Log export prices have dropped sharply since March because demand in New Zealand's biggest market - China - has fallen while supply has substantially increased.

Fonterra says it's 'realigning' its packing operations at its Canpac plant in the Waikato - and 110 jobs may be lost as a result.

Fonterra has successfully put Danone’s legal action against it in New Zealand courts on hold.

Agriculture reporter Jamie Gray looks at reasons why it’s not yet doom and gloom for the dairy sector following this morning's drop in global dairy prices.

The pressure is on Fonterra’s $7.00 a kg farmgate milk price forecast for this year after another sharp fall in international dairy prices overnight.

Furuno Electric Co, best known for its fish finder systems, has purchased a 10 per cent stake in Electronic Navigation, owned by the Hodson family.

Fonterra said milk collection across New Zealand for the month of June reached 9 million kg of milksolids, 10.1 per cent higher than the same month last year.

June provided further evidence that the terms of trade is headed south, albeit from the most favourable levels in 40 years.

Manuka honey exporters want the Government to clamp down on "cowboys" bringing the $150 million-a-year industry into international disrepute.

Behind-the-scenes book builds for glass manufacturer Metro Performance and apple grower Scales got under way yesterday.

New Zealand commodity prices fell for a fourth straight month in June, led by apples, logs, whole and skim milk powder.

Dairy product prices fell to the lowest level since January 2013 in the latest GlobalDairyTrade auction, paced by a drop in butter and anhydrous milk fat.

New Zealand posted its seventh monthly trade surplus in May, led by overseas demand for the nation's primary products such as milk powder, butter and cheese.

Port of Tauranga has signed a freight deal with the Fonterra, Silver Fern Farms and container shipping line Maersk that will facilitate the arrival of 6,500 TEU ships to NZ.

French food giant Danone was "lulled into a false sense of security" by allegedly misleading information Fonterra gave it months before the botulism scare.