NZ Binxi Foods, a subsidiary of China’s Heilongjiang Binxi Cattle Industry Co, has backed out of a $25.4 million takeover of Invercargill meat processor Blue Sky Meats.

Long-life (UHT) cream produced by Westland Milk Products has earned high praise from a delegation of Chinese chefs, the co-op says.

New Zealand will have to be extremely active – even by its own standards – in trade policy, given the nature of the disruption caused by the new Trump administration.

The recent upgrade of the Oceania Dairy Ltd (ODL) plant in South Canterbury has boosted suppliers’ confidence, says farmer Andrew McFarlane.

News of the plan to improve trade with China came just days after PM Bill English announced plans for a new and ambitious trade strategy called Trade Agenda 2030.

The recent short-lived ban on Brazilian beef by its major customers is unlikely to increase demand for New Zealand products.

Chinese Premier Li Keqiang’s visit to New Zealand sparked a flurry of activity last week.

Canterbury milk processor Synlait is throwing its support behind new infant formula regulations imposed by Chinese authorities.

Global dairy giant Yili Group has announced a major expansion plan for its Oceania Dairy plant at Glenavy, south Canterbury.

Latin America may have been the unexpected cause of the GlobalDairyTrade (GDT) overall price index rising 1.7% last week against expectations, says ASB senior rural economist Nathan Penny.