Latest from Farming

Fonterra auction tactic succeeds

Fonterra's move to cut the amount it sells on its global dairy auction appears to have worked.

Why bison is the new beef

The grass-fed meat has fewer calories, less cholesterol or fat than beef, and consumers can't seem to get enough.

Landcorp profits plunge 84pc

State-owned farmer Landcorp said its profit fell by 84 per cent due mostly due to lower milk and lamb prices.

Online exchange for private firms

A new online exchange aims to help investors who own shares in private companies or units in property, farm or forestry syndicates to trade them more easily.

Bank: Risk of recession has increased

Investment bank says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.

John Luxton: Major TPP players holding their dairy consumers to ransom

DairyNZ chairman John Luxton says it some TPP players are seeking to maintain trade protection rather than reduce it.

Dairy price jump a lift for farmers

Farmers were given cause for cautious optimism after global dairy auction prices rallied by almost 15 per cent, ending a 10-sale losing streak.

Increase in dairy prices give hope

Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.

Dairy price too low for Fonterra forecast

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.

Dairy model 'broken': Landcorp boss

$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.

Fonterra slashes farmgate milk price

The country's biggest exporter has lowered its price from a previous forecast of $5.25 following sharp falls in whole milk powder prices.

'It is tough down on the farm'

Paparimu dairy farmer Craig Maxwell says farmers are worried about the survival of their farms.

Milk price cut could be coming, says Countdown

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.

What does Fonterra's news today mean?

Fonterra is expected to announce a sharp reduction in its farmgate milk price today.

Dairy farm prices set to fall, says ANZ

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

Output tipped to fall as dairy herd culled

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.