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Global dairy prices are continuing to rise. The overnight Global Dairy Trade (GDT) trade weighted index rose 14.2%, its eight straight gain.
Whole milk powder prices index was up 7% to US$5,100/tonne. Skim milk powder prices rose a staggering 28% to US$5142/tonne.
Analysts say traders are competing for a shrinking volume of milk powder in the face of the continuing impact of drought.
Fonterra last week increased its milk payout by 30c/kgMS.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Legal controls on the movement of fruits and vegetables are now in place in Auckland’s Mt Roskill suburb, says Biosecurity New Zealand Commissioner North Mike Inglis.
Arable growers worried that some weeds in their crops may have developed herbicide resistance can now get the suspected plants tested for free.
Fruit growers and exporters are worried following the discovery of a male Queensland fruit fly in Auckland this week.
Dairy prices have jumped in the overnight Global Dairy Trade (GDT) auction, breaking a five-month negative streak.
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
A booklet produced in 2025 by the Rotoiti 15 trust, Department of Conservation and Scion – now part of the Bioeconomy Science Institute – aims to help people identify insect pests and diseases.
President Donald Trump’s decision to impose tariffs on imports into the US is doing good things for global trade, according…
Seen a giant cheese roll rolling along Southland’s roads?
