The wet weather around the North Island this week and last has slowed store cattle trading even further.

The iFarm lamb procurement indicator measures the current lamb farmgate price as a percentage of the UK leg price when brought back into NZ dollars.

Droughts in the US are forcing farmers to slaughter more stock and this is dragging down US domestic beef prices.

Former Fonterra chief executive Andrew Ferrier has been named the new chairman of the New Zealand Trade and Enterprise board.

The categories have been finalised, the schedules have been sent out, and it's now time for cheese makers across the globe to get their entries in for this key industry competition.

With estimates that 70-75% of the world's population may be lactose intolerant and with total milk, yoghurt and cheese consumption at over 200 million tonnes in 2011, lactose free dairy products represent a substantial opportunity for dairy manufacturers.

Synlait Milk has landed the agribusiness award in the Sensational Selwyn Awards, which recognise business excellence in the Selwyn District, Canterbury.

The Fonterra Shareholders Council is welcoming the appointment of John Wilson as the chairman elect of the Fonterra board.

FOR newly-appointed RD1 managing director Jason Minkhorst, it feels like a homecoming.

FONTERRA IS the fourth-largest dairy company globally in Rabobank’s rankings released last week but the bank expects vigorous competition in the coming year as companies ‘jostle’ to position themselves for changing markets.

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