05 July 2015 | Online since 2003



World News: New Zealand
New Zealand | 3 July 2015
'Dairy is sound' says Fonterra, even as it mulls job cuts

Fonterra restated its faith in the future of dairy markets, even as it revealed it was consulting staff over job cuts, and hours after a major food report forecast milk powder prices not returning to ...


New Zealand | 3 July 2015
Clashes in Parliament over dairy price

There's been a rowdy clash in Parliament over the falling price of dairy products. Opposition MPs have accused the Government of refusing to acknowledge the danger posed by an international milk gl...


New Zealand | 1 July 2015
Dairy farmers help out flood-stricken colleagues

Taranaki dairy farmers rallied to give a helping hand to three flood-stricken fellow farmers at Strathmore in eastern Taranaki on Tuesday. About 40 farmers from all over Taranaki spent the day clea...


New Zealand | 25 June 2015
Landcorp to stick with Waikato dairy conversions

Landcorp has not backed away from converting more Waikato forestry land to dairying. At present the 26,000-hectare Wairakei Estate north of Taupo, where conversions began in 2004, has 17,000 dairy ...


New Zealand | 24 June 2015
Farmers earning premiums for milk from grass-fed cows

Dairy farmers in New Zealand are weighing up what they feed and when they milk their cows, with a processor offering premiums for milk from cows fed exclusively on grass, or milked in the middle of th...


New Zealand | 23 June 2015
NZ farmer confidence slumps to decade-low on dairy woes

New Zealand farmer confidence slumped to the lowest level in a decade in the second quarter as dairy farmers turned gloomy. Farmer confidence in the agricultural economy turned to a negative net 45...


New Zealand | 22 June 2015
Dairy downturn hits consumer confidence

The drumbeat of bad news around the dairy sector has seen consumer confidence take a turn down to its lowest levels since early 2013. The Westpac McDermott Miller Consumer Confidence Index fell to ...


New Zealand | 22 June 2015
Flood-hit farmers cut off by slips

Farmers will be looking for an adverse event declaration from central government as they assess damage from the weekend's rainstorm, which caused widespread flooding in the west and south of the North...


New Zealand | 18 June 2015
Dairy recovery could take five years

Waikato farmers are likely to take five years to shake off their low payout hangover. It could be the 2020-21 milking season before an average 122ha farmer is able to repay debt incurred from the s...


New Zealand | 17 June 2015
Dairy prices fall again at auction

Prices have fallen again at the latest GlobalDairyTrade (GDT) auction. The GDT index fell 1.3 percent. But there were very modest falls for two key products that New Zealand sells – whole milk p...


New Zealand | 17 June 2015
NZ battle between livestock industry and animal rights groups

Hans Kriek hasn't eaten meat in 40 years. He's been involved in the animal rights movement for 30. So he's heartened by a new law in his country that declares animals to be "sentient beings" -- creatu...


New Zealand | 16 June 2015
NZ dairy farmers hope for relief in Global Dairy Trade

New Zealand’s beleaguered farmers may get some relief at the GlobalDairyTrade auction overnight, with some signs that dairy prices are improving. The dairy industry is the backbone of New Zealand’s...


New Zealand | 15 June 2015
Economy set to cool as dairy prices dive

The economy is set to grow 3.3 per cent in the March year, but the pace of growth will cool in the next two years, according to a survey of forecasters. The economy is facing a mixed picture with w...


New Zealand | 11 June 2015
New Zealand cuts interest rates as dairy boom sours

The collapse in oil prices has caused strains in the Gulf. Now New Zealand — sometimes known as the Saudi Arabia of milk — has been forced into its first interest rate cut in five years as the decade-...


New Zealand | 10 June 2015
Recycling system will revolutionise dairy farming in New Zealand

A new effluent recycling system that turns raw dairy shed effluent into clean, clear water could revolutionise the New Zealand dairy industry. The system is being unveiled at the opening of Nationa...


New Zealand | 10 June 2015
Caution urged for dairy farmers 'jumping ship'

Some farmers loyal to Fonterra are warning against a backlash against the co-operative. The country's biggest company has been under pressure as farmers have switched their supplies to rivals - som...


New Zealand | 10 June 2015
Ministry tips rebound in farm sector

Cyclical lows for the dairy and forestry sectors are being partly offset by strength in the beef and horticulture sectors, but there's no doubt difficult times lie ahead for many in the primary sector...


New Zealand | 9 June 2015
Farmers sign up with Chinese milk processors

The country's biggest company Fonterra is losing farmer shareholders, as rivals, many Chinese-owned, offer better deals. Farmers and analysts said the co-operative was looking vulnerable, with its ...


New Zealand | 8 June 2015
Global dairy costs drop to 5-year low on record milk output

An abundance of milk from New Zealand to Europe is driving global dairy costs to the lowest in five years. Prices have plunged almost 40 percent from a record in February 2014 as farmers ramped up ...


New Zealand | 8 June 2015
Synlait adjusts milk price, sets new forecast

South Island-based Synlait Milk is the latest producer to forecast small improvements in dairy prices, despite trimming its forecast milk price for the just-completed season in the wake of continuing ...


New Zealand | 4 June 2015
Little optimism for dairy price recovery

The only topic that seems to be competing with Auckland house prices at present seems to be the declining Fonterra payout, and what it means for the economy as a whole. The $4.40 payout for the cur...


New Zealand | 2 June 2015
Chinese dairy factory sign of things to come?

The brutality of international commodity markets – and perhaps our naivety for entering them without adequate protection for home agricultural industries and our right to make our own laws – was cle...


New Zealand | 2 June 2015
Dairy farmer incomes to plunge by $150,000 in 2015-16 season

The average dairy farmer will be $150,000 worse off in the 2015-16 season compared to this season, according to Dairy New Zealand. DairyNZ chief executive Tim Mackle said the industry body would be...


New Zealand | 29 May 2015
Farmers face another tough year

Dairy farmers face two successive years of below-break-even payouts after Fonterra issued its forecast for 2015/16 yesterday, raising questions about whether the sector may have reached the end of wha...


New Zealand | 28 May 2015
Farmers face 'brutal' time as Fonterra cuts price forecast

Federated Farmers have predicted the next six months will be "brutal" for dairy farmers as they cope with tight cash flows following Fonterra's announcement of a cut in this season's milk payout price...


New Zealand | 27 May 2015
Dairy co-op lifts opening milk price for next season

The country's second biggest dairy co-operative, Westland Milk products has released its opening milk price forecast for the new season starting in June. It has set a price range of $5.60 to $6 a k...


New Zealand | 27 May 2015
Dairy farmers anxiously await Fonterra payout decision

As dairy farmers anxiously await Fonterra's announcement on Thursday morning of the 2015-16 opening milk price forecast, the ASB is predicting it will be a "conservative" $5 per kilogram of milk solid...


New Zealand | 26 May 2015
Crunch time for dairy farmers

It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season. Analysts estimate the forecast will be close to $5 per kg of milk...


New Zealand | 25 May 2015
Ill wind feared for farmers

Farmers have been joined by economists in keeping a wary eye on the developing El Nino weather pattern, with its potential to affect returns for dairy and sheep farmers negatively. The El Nino gene...


New Zealand | 21 May 2015
Dairy research plan has funding shortfall

Farmers behind a planned dairy research farm in Southland are hoping they will get the green light to proceed, despite coming up well short of their share of the funds. The Southern Dairy Developme...