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Last updated on April 19, 2014 at 5:20 EDT

Latest Dairy farming in New Zealand Stories

2008-07-01 15:00:27

By JANES, Andrew FONTERRA has abandoned its own bid for Australian co-op Dairy Farmers to play second fiddle to National Foods. Dairy Farmers said yesterday that it had granted National Foods and Fonterra permission to work together to decide terms to enhance the National Foods-led bid. Victoria's Warrnambool Cheese and Butter is also part of the bid. Dairy Farmers is expected to fetch about $1 billion. Australian sources said Fonterra had probably realised it would be outbid by...

2008-06-27 15:02:34

A private dairy company part-owned by the Motueka-based Talley's family will soon be wooing North Island farmers for their milk. Dairy Trust - a consortium that includes main shareholders Talley's, Affco and Dairy Investment Fund Ltd - plans to build a milk- processing plant in Wanganui and will pay no less than 25c of the full Fonterra payout. Milk would be collected from as far north as New Plymouth, south to Foxton and 90km east of Wanganui and the company has an initial target of 100...

2008-06-27 15:02:34

A FARM near Opunake hosted many of the country's media organisations last Wednesday as the Taranaki Regional Council highlighted one of the farms involved in its extensive riparian planting programme. Representatives from TVNZ, TV3, a major newspaper and The New Zealand Farmers Weekly donned their gumboots and winter wear to see for themselves the work Ian and Judith Armstrong have carried out on their property. The couple have 34km of stream bank on their farm, of which 22km is fenced....

2008-06-25 09:03:01

Nestle Australia has sold its yoghurt and dairy dessert business, including its Echuca factory, to Fonterra. The agreement is effective from September 1, 2008. Under the agreement, Fonterra will also acquire the long-term rights to manufacture, market and sell Nestle's yoghurt and dairy dessert brands in Australia under license, alongside its own existing brands. The SKI brand, which is currently under license to Dairy Farmers, reverts to Nestle in 2012, and will then be licensed to...

2008-06-20 15:00:30

SOME of the reasons given for the prediction that Southland is set to become the energy and dairy powerhouse of the New Zealand economy within a decade: wMore than 1100 megawatts of wind power and small-scale hydro schemes are slated for construction. wDistrict authorities and Woosh have already rolled out broadband costing $8.5 million to cover 96 percent of Southland, now the most connected region in the country. wDairy farm conversions are increasing 15 percent year on year; Fonterra...

2008-06-20 15:00:23

By CHURCHOUSE, Nick THE Commerce Commission has started delving into allegations that consumers are paying too much for dairy products. A spokesperson said it was gathering information from market participants in the domestic milk market in order to better understand the issues arising around increasing dairy product prices. Kaimai Cheese chairman and former deputy prime minister Wyatt Creech said he had complained to the commission about the "anti- competitive" way Fonterra used its...

2008-06-19 03:00:17

By STEEMAN, Marta -------------------- Consumers could be facing another rise in the price of milk while dairy farmers are creaming it. Fonterra will give no guarantee it will not raise the price of milk after boosting the dairy farmers' payout yesterday to $7.90 a kilogram of milksolids for the 2007-08 season. This dairy season will go down in history as the record payout puts another $4 billion in the pockets of 11,000 dairy farmers. Last year they were paid a paltry, by...

2008-06-19 03:00:17

Frank Brenmuhl, head of Federated Farmers dairy division, has rubbished the Greens' call for Fonterra to uncouple local dairy prices from international prices. Fair enough. But in return for the rest of us paying market prices for dairy we expect dairy farmers to pay market prices for their ecological and societal footprint. In particular, the more than half a billion dollars for greenhouse gas emissions; the tens of millions of dollars for maintaining little-used roads in sparsely...

2008-06-19 03:00:17

By CRONSHAW, Tim Dairy farmers will end up with average profits of $71,000 from a record-breaking season by the time all costs are cleared, says a DairyNZ economist. The after-tax result is less than expected for a dairy boom driven by rising milk commodity prices. DairyNZ development and economics manager David McCall said rising costs had eroded the bottom line for farmers for the season ending July 31. "There is no doubt that farmers are doing better than they have the last few...

2008-06-19 03:00:17

One of the rivals to New Zealand's Fonterra for Australia's Dairy Farmers says it will split up Dairy Farmers if it succeeds in buying it. Italian dairy company Parmalat, in combination with Victorian co- op Murray Goulburn, has told the Australian Competition and Consumer Commission that it would form a new firm, to be 51%-owned by Parmalat, which would merge the fresh milk businesses of Dairy Farmers, Parmalat and Murray Goulburn. The Goulburn- Parmalat venture, the Kirin- owned National...