OPINION: Some leaders in the New Zealand dairy industry will be keeping an anxious watch on the growing spat between China and Australia.

Recovery in global dairy demand is on increasingly solid ground, says Westpac senior agri economist Nathan Penny.

Fonterra is reporting a first quarter gross profit of $270 million, up $72m on the same period last year.

Strong demand from China for whole milk powder has triggered another rise in Fonterra’s farmgate milk price.

“Going into lockdown we were all thinking that we wouldn’t have jobs,” says Valli’s owner and winemaker Grant Taylor.

The value of New Zealand red meat exports dropped 18% in October compared to the previous year.

An historic employee entitlement claim of nearly $20 million severely dented meat processor Alliance Group’s annual result this year.

A new trade agreement, the Regional Comprehensive Economic Partnership (RCEP), has been described as a new rule book for trade in the Asian region.

The chief executive-elect of Yili-owned Westland Milk Products Richard Wyeth is looking forward to the challenge of running the company.

Dairy goat milk processors, looking to increase their supplier numbers, are helping to drive interest among farmers in New Zealand’s growing goat milk industry.