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Global dairy prices are continuing to rise. The overnight Global Dairy Trade (GDT) trade weighted index rose 14.2%, its eight straight gain.
Whole milk powder prices index was up 7% to US$5,100/tonne. Skim milk powder prices rose a staggering 28% to US$5142/tonne.
Analysts say traders are competing for a shrinking volume of milk powder in the face of the continuing impact of drought.
Fonterra last week increased its milk payout by 30c/kgMS.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Climate, nature and animal wellbeing make up Fonterra's refreshed sustainability roadmap released last week.
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Now in its fourth year, the 2026 Fencing Industry Awards, formed part of the proceedings of the FCANZ Conference, held in Nelson during August.
DairyNZ deputy chair Cameron Henderson has been re-appointed unopposed for another term.
OPINION: The stats speak for themselves.
Farms across the upper North Island are trialling different pasture mixes as part of a research programme that aims to build greater resilience into farming systems.
Election years are always a concerning time for farmers, according to DairyNZ chair Tracy Brown.
The Ballance Farm Environment Awards are coming to the West Coast of the South Island.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
