A Waikato farm that bought a prototype 'fibreglass' rotary milking platform in 2010 says the plant has performed to promise and is still "like new".

Fonterra is setting up hubs of entrepreneurial young people to develop new business models, says Fonterra chief executive Theo Spierings.

It's been another bad morning for the dairy industry.

NZ is an emerging leader in the provision of ag technology — providing for countries that increasingly need to feed growing populations, Primary Industry Minister Nathan Guy told a conference in Beijing yesterday.

Fonterra has welcomed the formal approval by the shareholders of Beingmate Baby and Child Food Company Ltd to establish a joint venture to purchase the cooperative's Darnum plant in Australia.

The introduction of low cost machines for pasture renovation has really benefited farmers, whether sorting out pugging from over-wintering, or reseeding damaged areas.

Kuhn NZ has announced updates to its electronic weighing and data management systems for Euromix and Profile diet feeders which can be supplied as an option or retro-fitted to existing machines.

John Deere says it will buy the French company Monosem, a designer and maker of precision planting equipment. The purchase includes four factories in France and two in the US.

Fonterra says its Te Awamutu site has become the first in the world to be awarded the Food Safety System Certification 22000 – Quality, an internationally recognised food safety accreditation.

Fonterra says milk collection this season will be down 5% compared to last year.

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