Our America's Cup glory days are long gone, but for the marine industry, blue skies beckon again, reports Suzanne McFadden.

The price of milk powder rose to the highest level in three years in Fonterra's latest online auction.

The total value of goods imported in January increased 14 per cent to $396m from January 2010, to a montly total of $3.3b, said Stats NZ this morning.

The price of milk powder rose to the highest level since Fonterra began its online auctions in July 2008 in last night's auction.

Finalising a new transtasman investment agreement is on the agenda in talks between Julia Gillard and John Key.

50-plus projects under way to combat bacterial plague.

The Chinese company that sparked a fierce national debate last year about foreign investment in farming is ploughing ahead with plans to export millions of cartons of UHT milk from New Zealand to China.

World dairy prices have continued to surge in Fonterra's latest online global dairy auction, rising 7.2 per cent overnight.

Last year was a challenging one for Paul Holmes and his olive oil brand - as it was for the whole food industry.

A local firm has its eyes firmly fixed on the world security market...

New Zealand's trade deficit narrowed in November as demand from China increased prices of dairy and lumber exports.

Exports were up 19 per cent in November with the annual trade balance for that month a surplus of $1.3 billion - the first since 2001.

Eastern Australia's sopping wet summer has set the scene for an "explosion" of imported New Zealand produce.