Fonterra’s recording of its highest ever EBIT, which resulted in Fonterra Farmers receiving a 60% increase on the earning per share received last season, was a positive result in an otherwise challenging environment.

Fonterra has increased its after tax profit by 65% to $834 million for the year ended July 31, 2016.

Dairy effluent is a great source of nutrients for growing pasture, but managed improperly it can let loose lots of contaminants that harm waterways.

New Zealand agri technology could boom and lead the world in that market, says NZTech chief executive Graeme Muller says.

The Global Dairy Trade Event 172 concluded with the GDT Price Index up 1.7%.

Fonterra Cooperative Group Ltd increased its 2016/17 forecast farmgate milk price by 50 cents to $5.25/kgMS.

A Lincoln University PhD student is putting New Zealand’s vaunted paddock-based dairy industry to the test.

The median price for dairy farms per hectare has risen 50% over the past 12 months, says the Real Estate Institute of New Zealand (REINZ).

In another sign the dairy industry is rebounding, milk processors are increasing their forecast price for the season.

Federated Farmers says legal action announced last week against the Horizons Regional Council shows “some people just can’t accept that industry and councils can work together effectively”.

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