Horticulture has "the brightest future of all" in New Zealand's primary industries, according to Mike Petersen, special agricultural trade envoy.

The first slices of cheese have rolled off the new slice on slice line at Fonterra Eltham, in Taranaki.

Fonterra chief executive Theo Spierings says dairy exports and imports have been imbalanced for the past 18 months.

Sheep and beef farmers, especially in the South Island, are going to take a substantial hit in their incomes this year as lamb prices weaken.

The Reserve Bank will release an updated stress analysis of the dairy sector this week.

Fonterra Australia commercial director Abhy Maharaj recently addressed the Australian Dairy Conference in Victoria. Here are excerpts from his speech.

The Reserve Bank today reduced the Official Cash Rate (OCR) by 25 basis points to 2.25%.

It was good to see Shanghai Pengxin open its doors last week.

Federated Farmers Dairy chairman Andrew Hoggard says subsidies and support payments to farmers are partly responsible for the shock rise in global milk production.

Fresh milk opportunities in China should be explored among consumers there concerned about the quality of their water, says an agricultural expert.