
Dairy an "area of risk": Reserve Bank
The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.
The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.
Fonterra will late this month release its milk price forecast for 2015/16 and indications are that it will be towards the lower end of market expectations.
Shareholders in Australian dairy co-operative Murray Goulburn (MG) have voted in favour of a Fonterra-style capital structure that will see its units trade on the ASX.
Whole milk powder prices, which are central to Fonterra's farmgate forecasts, showed signs of levelling off at the latest GlobalDairyTrade auction, but competition from big suppliers in the United....
Tim Groser's warning that the dairy sector would effectively have to guts it out during a period of low milk payouts was timely.
International dairy prices fell for the fourth time in a row at this morning's GlobalDairyTrade auction.
New Zealand sales of new commercial vehicles hit a record for April amid strong demand from tradespeople and farmers.
New Zealand dairy farmers are looking down the barrel of a low payout this season, and possibly next season, but Trade Minister Tim Groser says the sector can tough it out.
Exchange operator NZX has bought livestock market information business iFarm for an undisclosed sum.
New Zealand commodity prices had their biggest decline since the height of the global financial crisis in 2008, led by falling dairy product prices.
Market signals suggest international dairy prices will again fall at this week's GlobalDairyTrade (GDT) auction.
Fonterra has fallen into line with market expectations after oversupply and extreme volatility on world dairy markets prompted the co-operative to once again lower its farmgate milk price.
Drought conditions are biting into California's dairy production, which could end up being supportive for international dairy prices, say analysts.
New Zealand should take a leaf out of Australia's book in terms of what not to do in the face of a commodities boom, says Paul Bloxham, HSBC's chief economist for Australia and New Zealand.
Supplier-shareholders in Australia's biggest dairy co-operative, Murray Goulburn, will decide next month whether to adopt a Fonterra-style capital structure that would involve raising about A$500....
A Waikato farm development company - Dairy Solutionz - will open a 117ha, 300-cow demonstration dairy in the Narino region of south Colombia tomorrow.
Dairy farm bank balances will be heading into the red this winter and spring, producing some short-term but significant cashflow management challenges.
The price of Fonterra Shareholders' Fund units fell to their lowest point since listing after the latest GlobalDairyTrade auction registered another fall in product prices.
International dairy prices fell for the third time in a row at this morning’s GlobalDairyTrade auction.
The NZ dollar remains under downward pressure as the market awaits China's first-quarter GDP report today and the next GlobalDairyTrade (GDT) auction.
International dairy prices look likely to head lower at this week's GlobalDairyTrade auction, according to futures market pricing.
Fonterra says its milk collection in New Zealand for the 10 months to March 31 reached 1431 million kg of milk solids - 1 per cent higher than for the same period last season.
Units in the Fonterra Shareholders' Fund fell to their lowest point since listing on the NZX in 2012 on the back of growing farmer and investor unrest.
The end of the European Union's quota system poses a challenge to New Zealand's dominance of global dairy trade and is likely to put an end to the sharp upward spikes in prices seen in the past, says....