A world expert on the sheep milking industry says UK farmers would be envious of the level of research being done in New Zealand into sheep milking.

Fonterra has shifted one billion litres of milk into its high returning consumer and foods business over the past 18 months, chief executive Theo Spierings claims.

South America, and in particular Brazil, is set to dominate global beef trade in 2016, says Rabobank.

Shanghai Pengxin has decided to withdraw the judicial review of the Government's decision to decline its application to purchase Lochinver Station.

Profound changes in the overall structure of dairy markets and trade could have a lasting effect.

Dairy industry leaders have welcomed the successful prosecution of a businessman who threatened to spike infant formula with 1080.

On the Canterbury plains there's a sea change underway in dairying, a challenge of something new.

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

Fonterra chairman John Wilson says he is absolutely confident dairying will recover back to sustainable pricing levels for farmers.

Fonterra Shareholders' Council chairman, Duncan Coull, said today's interim results announcement was in line with forecasts, and the expectations of the council.