Commodity prices continue to slide
Commodity prices fell for a fifth straight month, led by whole milk powder, reflecting a build-up of inventory in China and strong local milk production.
Commodity prices fell for a fifth straight month, led by whole milk powder, reflecting a build-up of inventory in China and strong local milk production.
Kiwi exporters should look to market more premium products to an increasingly wealthy Chinese consumer, says Shanghai-based economist Mary Boyd.
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.
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.
Behind-the-scenes book builds for glass manufacturer Metro Performance and apple grower Scales got under way yesterday.
Manuka honey exporters want the Government to clamp down on "cowboys" bringing the $150 million-a-year industry into international disrepute.
June provided further evidence that the terms of trade is headed south, albeit from the most favourable levels in 40 years.
New Zealand commodity prices fell for a fourth straight month in June, led by apples, logs, whole and skim milk powder.
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.
Fonterra's attempt to suspend the legal action it is facing from Danone over last year's botulism scare is due to be heard today in the High Court.
Strong growth in construction led to a 1.0 per cent rise in gross domestic product (GDP) in the March 2014 quarter, Statistics New Zealand said today.
New Zealand recorded a $1.4 billion current account surplus in the March quarter, the largest ever.
Fonterra Cooperative Group has tapped the president of its China operations, Kelvin Wickham, to head up the newly created global ingredients
The economy probably accelerated in the first quarter, supporting the central bank's view that it must press on with interest rate increases to keep inflation at bay.