ODT

NewsOctober 29

LIC must be agile in face of change: chairman

New Zealand's dairy industry is vulnerable to the same disruption that other industries have experienced in recent years from new technology and innovation, LIC chairman Murray King says.

BusinessMarch 2

Some cheer for dairy sector

An embattled dairy sector has finally received some good news with the first increase in dairy prices for the year - but global supply still remains strong.

BusinessDecember 4

Big gain in dairy product prices

Dairy product prices posted the biggest gain in five months in this week's GlobalDairyTrade auction as international dairy prices remain very high.

BusinessSeptember 17

Cash cows to boost economy

The dairy sector is now rivalling the construction sector in boosting economic growth for the coming year, BNZ economist Doug Steel says.

BusinessSeptember 2

Dairy driving terms of trade higher

New Zealand's terms of trade are expected to hit a 40-year high later this year thanks to surging world dairy prices.

BusinessMay 31

High dairy prices lead recovery

High dairy prices helped push the country's terms of trade measure up in the three months ended March, with economists now predicting the measure will spike 7% in the June quarter.

BusinessApril 16

Drought cost offset

Though the widespread drought has caused milk production to plummet and resulted in a record sheep and beef kill, economists have signalled the net cost to the economy could be ''close to zero'' - thanks to global dairy price increases.

BusinessFebruary 20

Milk powder auctions providing dairy outlook buoyancy

Dairy prices continued to accelerate in the latest GlobalDairyTrade auction, as dry conditions in the North Island squeeze milk production.

BusinessFebruary 7

Demand for dairy despite DCD scare

Moves by Fonterra and the Ministry of Primary Industries following the agrichemical scare appear to have largely assured markets that New Zealand dairy products are safe, Westpac economist Nathan Penny says.

BusinessJanuary 17

Dairy prices continue to increase

Dairy prices have continued a good start to the year, increasing 1.1% on a trade-weighted basis in the GlobalDairyTrade auction this week.

BusinessJanuary 10

Trade deficit continuing to widen

Dairy exports lifted strongly in November but that was not enough to stop a further deterioration in New Zealand's merchandise trade figures.

BusinessDecember 19

Dairy exports to China up 27% for 10 months

New Zealand dairy exports to China for the 10 months to October have virtually matched full-year 2011 exports, with two months still to go.

BusinessNovember 25

More cows, more milk produced

New Zealand's milk production leaped 11.3% last season, going down as the most productive on record.

BusinessSeptember 4

Dairy pushes up commodities index

An increase in global dairy prices has been the catalyst for a turnaround in the ANZ commodity price index.

BusinessAugust 6

Acquisition would lessen competition, dairy co-op says

Westland Milk Products believes Fonterra's acquisition of New Zealand Dairies Ltd's factory at Studholme would have "far-reaching implications" for the wider New Zealand dairy industry.

BusinessFebruary 28

Extra milk from EU not seen as threat to sector

New Zealand's dairy sector has little to fear from an estimated 9 billion additional litres of milk expected to flood the global market once European dairy quotas are fully lifted in 2015, Rabobank senior global dairy analyst Kevin Bellamy believes.

NewsOctober 12

'Significant milestone' for dairymarket

NZX Dairy Futures describes the achievement of 5000 lots traded as a "significant milestone" in the growth of the global dairy risk management tool.

NewsSeptember 28

Westland Milk returns second-highest profit

Independent co-operative dairy company Westland Milk Products has announced its second-highest profit on record.

NewsAugust 16

Problems with milk pickup

An estimated 9.5 million litres of milk has been disposed of as treacherous road conditions affected Fonterra's collection throughout New Zealand over the past two days.

BusinessJuly 22

Cheese, butter price drop

Fonterra Brands New Zealand has responded to pressure and confirmed it will reduce butter and cheese prices next month in line with international price decreases, after separate reports put the dairy giant's pricing under close scrutiny.

NationalNovember 17

Tourism displaces dairy as top earner

The high-flying tourism industry has overtaken the dairy industry to become New Zealand's top export earner, with tourism insiders remaining cautiously optimistic the trend will continue.

DunedinNovember 3

Dairy prices steady at latest auction

Global dairy prices barely moved at yesterday's globalDairyTrade internet auction held by Fonterra.

BusinessMay 7

Fonterra looking to the future in Saudi Arabia

Misunderstood by many in the West, the Middle East is proving a lucrative and growing dairy market for Fonterra. Agribusiness editor Neal Wallace reports that brands such as Anchor, Anlene and Anmum are leading that growth.

BusinessMay 3

Dairy key in commodity index high

A rise of 9.9% in dairy prices last month sent the ANZ commodity price index to record levels while also indicating growing demand for our exports.

BusinessApril 7

Milk powder prices up 23%

Average milk powder prices soared 23% at Fonterra's monthly globalDairyTrade internet auction yesterday.