Latest from Agribusiness

Fonterra milk collection up 10pc
Fonterra said milk collection across New Zealand for the month of June reached 9 million kg of milksolids, 10.1 per cent higher than the same month last year.

Commodity price index takes fourth hit
June provided further evidence that the terms of trade is headed south, albeit from the most favourable levels in 40 years.

UK rip-off riles honey firms
Manuka honey exporters want the Government to clamp down on "cowboys" bringing the $150 million-a-year industry into international disrepute.

Metro Glass, Scales offer meet resistance
Behind-the-scenes book builds for glass manufacturer Metro Performance and apple grower Scales got under way yesterday.

Commodity prices fall
New Zealand commodity prices fell for a fourth straight month in June, led by apples, logs, whole and skim milk powder.

World dairy prices plunge overnight
Dairy product prices fell to the lowest level since January 2013 in the latest GlobalDairyTrade auction, paced by a drop in butter and anhydrous milk fat.

Dairy drives seventh monthly NZ trade surplus
New Zealand posted its seventh monthly trade surplus in May, led by overseas demand for the nation's primary products such as milk powder, butter and cheese.

Port of Tauranga deal to bring big ships
Port of Tauranga has signed a freight deal with the Fonterra, Silver Fern Farms and container shipping line Maersk that will facilitate the arrival of 6,500 TEU ships to NZ.

Sandra Kyle and Lynley Tulloch: Future of dairying lies in great outdoors
Fieldays is over and tens of thousands of visitors to Mystery Creek have witnessed the future of dairy farming.

Danone: Fonterra misled us
French food giant Danone was "lulled into a false sense of security" by allegedly misleading information Fonterra gave it months before the botulism scare.

Beef reaches US record
US beef prices are up 74 per cent since 2009 to the highest on record, after a seven-year decline in the herd left the fewest cattle in at least six decades.

Fonterra bids to halt Danone legal action
Fonterra's attempt to suspend the legal action it is facing from Danone over last year's botulism scare is due to be heard today in the High Court.

Fonterra taps China boss for new global ingredients role
Fonterra Cooperative Group has tapped the president of its China operations, Kelvin Wickham, to head up the newly created global ingredients

Strong growth for NZ economy tipped
The economy probably accelerated in the first quarter, supporting the central bank's view that it must press on with interest rate increases to keep inflation at bay.

Velvet touch needed as Wilkins keep eyes on China
It's a long way from netball hoops to jumping through the hoops of doing business in China but farmer Mike Wilkins is aiming as carefully as his former Silver Fern wife.

Farmers buoyant despite potential dairy drop
The mood among farmers at this year’s annual national Fieldays was buoyant, despite the prospect of a drop in the dairy payout in the coming year, event organisers said.

Fonterra hit with $150k botulism fine
Fonterra has been slapped with a $150,000 fine for breaching disclosure requirements to the NZX over the botulism false alarm last August.

Kiwi firm 'Fairest Fairtrader'
A New Zealand business that champions ethically sourced food and beverages has been crowned the "Fairest Fairtrader" at a set of international awards.

Nutricia NZ profit slides 97 per cent in 2013
Nutricia, the New Zealand infant formula unit of French food maker Danone, posted a 97 per cent drop in profit in 2013.