increase font size
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.
OPINION: In 2018, when Fonterra’s board tapped Miles Hurrell to step in as interim chief executive, the co-operative was in the doldrums.
OPINION: The mainstream media's obsession with (sleazy) 'tabloid' issues were to the fore at Fonterra's recent media conference to discuss its interim results.
More of the same please, says Federated Farmers dairy chair Karl Dean when asked about who should succeed Miles Hurrell as Fonterra chief executive.
Fonterra says it's keeping an eye on the Middle East crisis and its implications for global supply chains.
Fonterra is rejecting New Zealand First's claim that outgoing chief executive Miles Hurrell is in line for a 'golden handshake'.
Winning four of the big categories at the 2026 New Zealand Cheese Awards feels special, says Meyer Cheese general manager Miel Meyer.
Local cheesemakers are being urged to embrace competition from imports but also ensure their products are never invisible in the country.
Ireland's Minister of state for Agriculture says it’s hard to explain to Irish farmers the size and scale of NZ farms.
Dairy farming in New Zealand offers career progression and this has motivated 2026 Central Plateau Share Farmers of the Year Navdeep Singh and Jobanpreet Kaur.
A partnership between Canterbury milk processor Synlait and the world's largest food producer, Nestlé, has been celebrated with a visit to a North Canterbury farm by a group including senior staff from Synlait, the Ravensdown subsidiary EcoPond, and Nestlé's Switzerland head office.
Canterbury milk processor Synlait is blaming what it calls "a perfect storm" of setbacks for a big loss in its half year result for the six months ended January 31, 2026.
OPINION: Synlait's woes show no sign of ending anytime soon.
OPINION: The mainstream media's obsession with (sleazy) 'tabloid' issues were to the fore at Fonterra's recent media conference to discuss…
