Trade Ministers for New Zealand and China have signed an upgrade to the free trade agreement between the two countries.

The stage is set for another rise in Fonterra’s forecast milk payout following a fifth straight jump in Global Dairy Trade (GDT) prices.

New Zealand will be in the virtual spotlight for the next 12 months as it hosts the APEC (Asia Pacific Economic Cooperation) conference.

New Zealand dairy farmers deserve credit for premium prices fetched around the world for their milk, says Fonterra chief executive Miles Hurrell.

Farmgate red meat prices are taking a hit as Covid continues to disrupt dining out businesses around the world.

A report by the ANZ bank paints a somewhat sombre picture for sheepmeat in the coming year and mirrors a similar prediction in MPI’s Situation and Outlook for Primary Industries report (SOPI) published in December.

Another New Zealand company has had success exporting dairy technology to China.

RaboResearch senior analyst Emma Higgins says resilient Chinese demand is helping dairy prices remain high.

Fonterra's bid to offload its loss-making China Farms business has cleared a major regulatory hurdle.

Canterbury milk processor Synlait has downgraded its earnings forecast.