Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.

Non-tariff trade measures (NTM) remain a problem for NZ exporters, according to Horticulture Export Authority (HEA) chief executive Simon Hegarty.

The latest Ministry for Primary Industries report on the state of the primary sector shows that things are starting to look up after a rough 2023-24 season.

Export revenue for the primary sector is forecast to bounce back in the coming year – but still not back the high levels of 2022/23.

New Zealand’s wine industry is in a unique position, thanks to 30 years of SWNZ, says New Zealand Trade and Enterprise Global Sustainability Lead Florence Van Dyke. “Because you’ve done your homework; you are one of the few industries that actually have the stats.”

ANZ agricultural economist Susan Kilsby is describing the 2024-25 dairy season as ‘a cracker’.

A record $10/kgMS forecast milk price is a great Christmas present for Fonterra farmers, says Federated Farmers Waikato dairy chair Matthew Zonderop.

Fonterra has unveiled a net profit of $263 million for the first quarter of its 2024-25 financial year.

Fonterra farmers are in line for a record milk price of $10/kgMS this season.

Silver Fern Farms chief executive Dan Boulton predicts that 2025 will be a better year for farmers.