The rise of fats continues to play out as the GlobalDairyTrade (GDT) auction saw its second consecutive rise last week, says Rabobank dairy analyst, Emma Higgins.

Sales of New Zealand chilled venison are growing, boosting returns to New Zealand deer farmers, even though overall venison production is down.

The Fieldays generated $430 million in sales revenue for New Zealand firms, up 9% from 2015, a new report has found.

Venison exporters and Deer Industry NZ (DINZ) are promoting new cuts to chefs to increase returns from the whole deer carcass and to help keep venison on restaurant menus.

Fonterra earnings and profit are well up for the first half of this financial year.

Weak lamb prices are cutting into sheep and beef farmers' profits this season.

Red meat farmers say their current onfarm returns are not sustainable.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

On-shelf dairy prices for consumers in China are too high so demand is not growing, says Fonterra's chief executive Theo Spierings.

Lochinver Station has been sold to privately owned New Zealand farming group Rimanui Farms Ltd.