Mercer Group says the collapse of a silo at Fonterra Cooperative Group's Edendale factory could cost the unprofitable stainless steel fabricator as much as $45 million.

Angry shareholders have called for heads to roll at the top of Westland Milk Products after a reported loss of $14.5m.

Fonterra Cooperative Group's Australian business has raised its average farmgate milk price to A$5.10 per kilogram.

Farming entrepreneur Colin Harvey has put his 6,639-hectare Lake McKay Station up for sale.

Dairy farmers have warned a Senate inquiry Australia could soon be importing milk from NZ if their dairy crisis deepens.

Tourism earnings have soared to edge out dairy as New Zealand's top export earner for the first time since 2010.

New Zealand dairy production has remained stubbornly high, according to data from the Dairy Companies Association of NZ (DCANZ).

The IRD appears to be buying a fight with farmers as it seeks to change a rule that has been in force for more than 50 years.

Nineteen people have been arrested in China for allegedly repackaging expired Fonterra milk powder with a view to sell it.

International dairy prices improved slightly at this morning's Global Dairy Trade auction, gaining by 1.4 per cent since the last sale early this month.

PGG Wrightson expects operating earnings to decline this year, snapping three years of growth.

Britain and New Zealand have agreed to set up trade policy talks to help push for greater trade liberalisation.

Thieves in Sydney have been swiping manuka honey from chemists, supermarkets and beauty salons.

Bad weather takes its toll on New Zealand milk production at a time when it should be hitting a seasonal peak.

Groceries were cheaper in September, impacted by cheaper bananas, lamb and chicken.

The key change to the governance model will enable farmers to directly nominate their own choice for selection to the board.

New Zealand commodity prices rose for a fifth month in September, driven by dairy.

The decline is the first in five auctions.

Shareholders have approved the second stage of a major South Canterbury irrigation scheme.

Westland Milk has confirmed its final payout to suppliers will be well below break-even and Fonterra's payout.

New Zealand's trade deficit widened to the biggest monthly gap since September 2014 as dairy and meat exports slumped in August.

New Zealand milk price futures have fallen in the wake of the latest GlobalDairyTrade auction.

The outlook for dairy farmers has turned positive after Fonterra raised its farm gate milk price for the second time in less than a month.

Farmer confidence is improving, led by optimism returning to the dairy sector after two years of depressed prices.

Silver Fern Farms and Shanghai Maling have a few more nervous days to wait before they learn whether their joint venture proposal can go ahead.

Enjoy that steak while you can.

The farmers ended up supplying Fonterra after it bought a failed Canterbury dairy business out of receivership.

World dairy prices put on their third significant gain in a row at the latest GlobalDairyTrade (GDT) auction overnight.

Manufacturing exports slumped by more than 20 per cent in July as a persistently strong Kiwi dollar puts pressure on the sector.

NZ commodity prices rose for a fourth month as the rebound in dairy continued, although a strong kiwi dollar limited gains for local producers.