A record $10/kgMS forecast milk price is a great Christmas present for Fonterra farmers, says Federated Farmers Waikato dairy chair Matthew Zonderop.

Fonterra has unveiled a net profit of $263 million for the first quarter of its 2024-25 financial year.

Fonterra farmers are in line for a record milk price of $10/kgMS this season.

Silver Fern Farms chief executive Dan Boulton predicts that 2025 will be a better year for farmers.

While NZ Avocado is not directly involved in selling fruit, it does have a significant role in supporting exporters to develop and grow markets.

International trade expert Stephen Jacobi says there could be “chaos” if President-elect Donald Trump sticks to his plan to slap high tariffs on goods from three key import markets.

New Zealanders ate over $1 billion of potatoes last year, Taiwan is consuming more than $44m worth of New Zealand cherries, and Royal Gala apples are our most popular apple export variety, comprising almost 22% of apple exports.

Fonterra has introduced a new UHT bakery cream for its booming foodservice business in China.

"It was awesome to see not only where our milk goes but to find out more about the range of ways it's used."

The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.