Trade Minister Todd McClay says outcomes of the G20 Trade Ministers' meeting held in Shanghai July 9-10, are likely to be extremely important for New Zealand's trade interests.

Dairy farmers will need more time to upgrade milk cooling systems to align them with proposed new regulations.

The GlobalDairyTrade (GDT) price index fall of 0.4% last week was "modest" in the face of Brexit's impact on other markets, rural economists concur.

Trade Minister Todd McClay will take the opportunity at this weekend's G20 Trade Ministers' Meeting in Shanghai to promote New Zealand's trade interests with the biggest economies in the world.

The ongoing fallout from the Brexit result, continued minimal activity from China and a strong New Zealand dollar have compounded to make significant inroads into local wool values.

A huge swarm of beekeepers settled on Rotorua late in June, celebrating their growing industry's new unity.

A Polish and EU delegation was in Auckland recently looking at trade partners.

New Zealand exporters need not panic about Britain's decision to leave the European Union, says Trade Minister Todd McClay, once a senior bureaucrat in the EU.

Lincoln University has been named by Science and Innovation Minister Steven Joyce as one of three successful applicants to host a NZ-China Research Collaboration Centre.

Fonterra is set to lose two more executives.