Fonterra is “very comfortable” with its $7/kgMS farmgate milk price forecast for the 2018-19 season, says chairman John Wilson.

Fonterra farmers will get an extra 20c/kgMS for milk supplied to the co-op this season.

A 1000-head barn and automated milking system is the centrepiece of an impressive family farm in east Germany.

The benchmarking survey of the New Zealand wine industry took a new turn in 2017, with Deloitte and ANZ collaborating together to provide the report.

Falling milk production due to weather constraints has forced Fonterra to reduce sales volumes across its entire product range.

Landcorp, no longer threatened with sales of some of its farms, has reported an after-tax profit of $51.9 million for the year to August 31.

The 2018 financial year has begun with confidence high among dairy, beef and horticultural clients due to good commodity prices, says PGG Wrightson in its first quarter guidance update to shareholders.

Fonterra will this month recoup $193 million from its farmers -- some of the special loans made two years ago at the depth of the dairy downturn.

Westland Milk Products (WMP) chairman Pete Morrison says the proposed changes to the governance structure of the cooperative will impose more accountability on the board.

Fonterra farmers will receive a final milk payout of $6.52/kgMS for last season.