OPINION: Given what's happening around the world, New Zealand dairy farmers are on to a pretty good thing with its internationally envied farming system.

New Zealand red meat exports hit a record in April however ongoing volatility in China indicates head winds in the coming months, says the Meat Industry Association (MIA).

Fonterra farmers start the new season this week on a high note.

Fonterra has copped an $81 million hit in the key market of Sri Lanka, which has been facing political turmoil.

Buckle up and prepare for a bumpy ride in the coming season.

Dairy Global dairy commodity prices presented a mixed bag in April 2022, as weaker demand has begun to appear.

China's Covid lockdowns are impacting on New Zealand agriculture, according to Rabobank.

The coming year is looming as a defining one for New Zealand farming, according to Rabobank agricultural analyst Genevieve Steven.

While global demand and prices for red meat remain strong, supply chain disruptions and significant processing constraints in New Zealand are having an impact.

India plans to double its budgeted 2021-22 fertiliser subsidies to a record of more than 1.55 trillion rupees (US$20.64 billion) for the fiscal year ended March 31, to avoid potential shortages amid a sharp increase in global prices of chemicals, fertiliser and fuels.