State farmer Landcorp has handed over the running of 16 North Island farms to Chinese owners Shanghai Pengxin following a four-year management joint venture.

Fonterra's lifting of the current season payout to $6.15/kgMS highlights the revival in the fortunes of dairy farms, says Federated Farmers.

Prices for milk fat are soaring and you can thank consumers worldwide for it.

Fonterra's revenue of $13.9 billion for the first nine months of 2016-17 is up 8% on the same period last year as a result of higher milk prices.

Fonterra's forecast cash payout for this season will put another $3.5 billion into rural economies, says Fonterra chairman John Wilson.

Synlait has appointed Antony Moess as its new general manager manufacturing. He will start in his new role mid-July.

Fonterra has announced an opening forecast of $6.50/kgMS for the 2017-18 season which starts June 1.

Lower milk production around the world will help keep the farmgate milk price high, says DairyNZ chairman Michael Spaans.

DairyNZ chairman Michael Spaans says after three “very tough” years, things are looking better for farmers.

Kiwis can be confident that dairy farmers are ‘walking their environmental talk’, says the chair of the Dairy Environment Leaders’ Group, Alister Body.

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