Synlait's majority shareholder Bright Dairy of China has thrown its support behind the Canterbury milk processor as it recovers from several years of poor run.

The search for a new chair for troubled Canterbury milk processor Synlait is progressing, says acting chair Paul McGilvary.

More than 300 farmers received free fencing materials at a charity event put on by the Rapid Relief Team in Wellsford two weeks ago.

An improvement in global markets and a weak New Zealand dollar are behind the ANZ Bank's optimistic prediction of a $7.70/kgMS farmgate milk price for this season.

DairyNZ's collaborative approach to improving waterway health will see extensive planting take place in the Pokaiwhenua catchment, south Waikato this summer.

Dairy farmers are seemingly more upbeat than they were three months ago but how long this positivity remains seems to depend on what the new Government does in the coming months.

DairyNZ's general manager of farm performance, Sarah Speight says while things are looking pretty good on farm, there is still concern about what the future might hold financially.

Purchasing about a third of global contracted volume on the GDT auction platform, Fonterra's authorised resellers in China are an important part of the co-operative's ingredients business.

Recent data from the Real Estate Institute of New Zealand (REINZ) shows October was another month in which there were fewer farm sales than at the same time in 2022.

Farmers must follow directives from their processors on sustainability or risk losing markets for their products, says Waikato Federated Farmers executive Richard Myers.

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