Corporate farmer Colin Armer, among New Zealand’s most prominent, says dairying will prosper more by greater pasture utilisation than by supplementary feeds that incur many direct expenses and associated costs.

Buying a house, horse or car is often about first impressions, so the first look at the Skoda Octavia RS wagon is likely to have you reaching for the chequebook – if you still have one.

French dairy giant Danone says the arbitration underscores the merit of its legal actions against Fonterra.

Fonterra Shareholders Council chairman Duncan Coull says today’s arbitration decision on the claims made by Danone has made this a tough day for the co-op.