
Increase in dairy prices give hope
Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.
Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.
Landcorp should be lined up for a partial privatisation to inject new private capital into the company instead of selling off farm assets at the bottom of the dairy cycle, writes Fran O'Sullivan.
I like to see the glass half full, and I have the facts to back that view. If you still want to see the glass half empty - you're the loser, writes Mike Hosking.
Finance Minister Bill English won't rule out state farming company Landcorp having to sell more farms than usual to ensure it is not too loaded with debt.
Signs look good for Fonterra that dairy prices will bounce in tomorrow's GlobalDairyTrade (GDT) auction.
Fonterra's market share in the South Island has slipped beneath the 80 per cent threshold specified in its enabling legislation, Minister for Primary Industries Nathan Guy says.
Fonterra's forecast of a 2 per cent fall in milk production this season is looking more conservative by the day as farmers cull stock.
Canadians, not Chinese, take top spot as the biggest investors in New Zealand over the past two years, according to analysis released by KPMG today.
In light of the stress the dairy industry is under right now, they really do need to take the longer-term view that they say they are taking, writes Brian Fallow.
Finance Minister Bill English remains confident about the prospects for economic growth, despite recent dairy woes.
Fonterra says it is significantly reducing the amount of product it puts up for sale on the GlobalDairyTrade auction platform over the next 12 months.
British farmers held an emergency summit this week, amid warnings that many are facing financial ruin because of plunging milk and meat prices.
Solid Energy acting chairman Andy Coupe admitted it was "unlikely" that any sale, or sales, would cover its outstanding debt.
Our senior business leaders are becoming increasingly concerned about the slowing economy, the Government's strategy and our reliance on China and dairy exports.
Milk powder prices will need to improve substantially before Fonterra's revised farmgate milk price of $3.85 per kg of milk solids can become a reality, say analysts.
Fonterra lacks people who understand the impact of new and disruptive technologies, writes Keith Woodford.
The US beef cow herd is expected to grow by more than three million head in the next three to five years.
$4.55 swing in forecast milk price paid to farmers over two seasons shows there's something wrong with NZ's dairy model, says Landcorp Farming CEO Steve Carden.
The country's biggest exporter has lowered its price from a previous forecast of $5.25 following sharp falls in whole milk powder prices.
Paparimu dairy farmer Craig Maxwell says farmers are worried about the survival of their farms.
A drop in the price of milk on supermarket shelves could be in store for New Zealanders - but not anytime soon, says supermarket chain Countdown.
Fonterra is expected to announce a sharp reduction in its farmgate milk price today.
Genesis Energy announced its last two coal-burning electricity generators at Huntly Power Station will be shut down.
Dairy farm prices are likely to fall this spring as the sector faces the prospect of two successive years of sub-par payouts, says the ANZ Bank
DairyNZ says New Zealand milk production is expected to fall by 2 or 3 per cent this season as farmers focus on improving the efficiency of their farming systems.
Whole milk powder prices have dropped to their lowest level since 2008, putting more downward pressure on Fonterra's farmgate milk price forecast and reinforcing the market view that the Reserve Bank will cut interest rates twice this year to partly compe
Whole milk powder prices - key to determining Fonterra's farmgate mik price, dropped by 10.3 per cent overnight.
The retreat in export commodity prices turned into a rout last month. ANZ's commodity price index fell 11.2 per cent, its steepest monthly decline, to a six-year low.
In as little as seven days, you could have 19 litres of award-winning homebrew beer - a successful invention which has allowed homebrew kit company WilliamsWarn to eye up the global market.