Federated Farmers Waikato president Andrew McGiven says it’s up to Fonterra’s leadership to reverse its awful financial result.

Meat processor Silver Fern Farms Cooperative has reported a net profit after tax of $7.8 million for 15 months ending December 31, 2017.

Fonterra has scope to lift its payout from current guidance, but its losses on Beingmate will likely weigh on its earnings and dividend payments, says New Zealand brokerage firm OMF Financial.

Meat processor Silver Fern Farms has reported a net operating loss before tax and impairment of $7.5m million for the 12 months ending September 2016.

The 2015-16 dairying season was a tough year for Westland Milk Products’ shareholders and suppliers, and the company itself, chairman Matt O-Regan says in the cooperative’s annual report released today.

NZ's financial system is resilient and functions effectively, but risks to the financial stability outlook have increased further in the past six months.

Fonterra has released details of TAF (trading among farmers) which will allow outsiders to invest in the co-op for the first time.

Fonterra has released details of TAF (trading among farmers) which will allow outsiders to invest in the co-op for the first time.