Glut in global milk supply keeping prices down
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
When the Shanghai Stock Exchange plunged last month, Chinese authorities moved quickly to suspend trade.
With Fonterra’s Global Dairy Trade auction suffering 10 straight price drops some industry leaders are calling for similar radical action in the hope this would arrest the decline in prices.
It might work but the damage to GDT’s reputation as the global benchmark for dairy prices would be tarnished. Are Fonterra directors bold enough for such a move?
This week, more than 100 farmers, policy makers, politicians and other industry influencers will gather at the annual Dairy Environment Leaders (DEL) Forum to workshop positive environmental change for New Zealand dairy.
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
New Zealand's diverse cheesemaking talent shone brightly last night as the New Zealand Specialist Cheesemakers Association (NZSCA) crowned the champions of the 2026 New Zealand Cheese Awards.
Tracing has indicated that the source of the first velvetleaf find of the 2025-26 crop season, in Auckland, was likely maize purchased in the Waikato region.
Fish & Game New Zealand has announced its election priorities in its Manifesto 2026.
With the forage maize harvest started in Northland and the Waikato, the Foundation for Arable Research (FAR) is telling growers of later crops, or those further south, to start checking their maize crop maturity about three weeks prior to when they think they will start silage harvesting.