Farmgate milk price forecasts by at least two banks, ASB and BNZ, have now been hiked upwards to $5/kgMS for the 2015-16 season.

Low milk prices have not only affected farmgate returns in New Zealand, they blew a $44 million hole last financial year in Fonterra's China farm business.

Claims that Silver Fern Farms approached the Government for funding and/or sought a meeting with Finance Minister Bill English for over a year have been debunked by the co-op's chair Rob Hewett.

The last 20 years of the World Trade Organisation (WTO) have provided an objective framework to base our international trade and seen the Feds provide great assistance to small countries like New Zealand.

Two highly respected international wine personalities will be joining this year's Air New Zealand Wine Awards judging panel.

Winning a gold medal or a trophy at the Air New Zealand Wine Awards is no longer the only criteria for wines being served in Business Premier on future Air NZ flights.

"Everyone in the wine business knows that it is possible, but no one in New Zealand has done it to this degree."

Meat Industry Excellence (MIE) says Silver Fern Farms shareholders need to carefully scrutinise the capital-raising proposal put forward by the cooperative’s board.

The New Zealand Wine Intermediate Certificate was launched in Shanghai recently, giving Chinese wine consumers the chance to learn about New Zealand's diverse wine style.The education programme was developed by New Zealand Winegrowers and New Zealand Trade & Enterprise in response to a growing demand for information about New Zealand wine from consumers across China.

Beef exports are up 46%($61 million) in August 2015 compared with August 2014, says Statistics New Zealand.