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.

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.

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.

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.

It's a long way from netball hoops to jumping through the hoops of doing business in China but farmer Mike Wilkins is aiming as carefully as his former Silver Fern wife.

The mood among farmers at this year’s annual national Fieldays was buoyant, despite the prospect of a drop in the dairy payout in the coming year, event organisers said.