Three weeks into his new role as chief executive of Yili-owned Westland Milk Products, Richard Wyeth is enjoying the job.

The country's second largest milk processor expects soaring global dairy prices to stabilise at some point.

Strong demand and limited cattle supplies saw cattle prices rise across most major cattle producing countries. 

Improved market conditions for venison are expected for the 2021 season, according to industry body Deer Industry NZ (DINZ).

An $8-plus milk price for Fonterra farmers this season could be on the cards.

New Zealand exported red meat and co-products worth $738.3 million in January 2021, according to an analysis by the Meat Industry Association (MIA).

Fonterra has lifted its forecast farmgate milk price, hot on the heels of a huge leap in global dairy prices.

Fonterra’s reliable supply chain and strong demand from China and South East Asia are helping drive dairy prices up, says co-op chief executive Miles Hurrell.

China's appetite for liquid milk is growing and New Zealand exporters look set to benefit.

Westland Dairy Company's new chief executive Richard Wyeth stared his new role last week.