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  News   Analysis   Opinion
Thursday 21 October 2021

Dairy

Fonterra joins Medical Nutrition International Industry
19 Oct 2021  

Fonterra joins Medical Nutrition International Industry

Dairy company Fonterra has joined the Medical Nutrition International Industry (MNI), which represents companies that offer specialised nutrition solutions and services designed to meet the needs of patients. 


Fonterra to push foodservice to $5bn

Fonterra to push foodservice to $5bn

Dairy company Fonterra wants to increase the value of its $3bn foodservice business, Anchor Food Professionals, to $5bn.


Meadow Fresh makes recycled plastic moves for milk bottle
12 Oct 2021   /

Meadow Fresh makes recycled plastic moves for milk bottle

Goodman Fielder is reducing the amount of virgin plastic originating from Meadow Fresh brand milk bottles by including recycled plastic content in its containers.


F&B exports to China: lobster leaps as meat, dairy enjoy strong H1
11 Oct 2021   /

F&B exports to China: lobster leaps as meat, dairy enjoy strong H1

Food exports were strong in H1 but it’s an uneven recovery from Covid for infant formula, cherries and some seafood.


Patchy recovery in China daigou demand – report
8 Oct 2021   /

Patchy recovery in China daigou demand – report

What does shifting demand mean for the future of the informal channel, which plays a big role for NZ brands such as A2 Milk?


New NZ home for Vitasoy Australia
7 Oct 2021   /

New NZ home for Vitasoy Australia

Pavé clinches the contract to manage New Zealand sales for the plant-milk giant in the fast-growing category.


A2 Milk to “vigorously defend” class action
6 Oct 2021   /

A2 Milk to “vigorously defend” class action

A2 “considers that it complied with disclosures notifications at all time,” following a class claim filing in Australia alleging misleading or deceptive conduct.


Synlait Swappa Bottle supermarket pilot starts
5 Oct 2021   /

Synlait Swappa Bottle supermarket pilot starts

Consumer demand and the bedding down of new processes will dictate the next steps following the four-week trial.


A closer look: Synlait shutters Talbot Forest factory for two years
28 Sep 2021  

A closer look: Synlait shutters Talbot Forest factory for two years

The loss-making speciality cheese plant is to close until FY24 after dragging down Synlait’s consumer food division.


Fonterra’s Anchor launches new brand campaign
28 Sep 2021   /

Fonterra’s Anchor launches new brand campaign

Fonterra’s consumer dairy brand, Anchor, has launched a new brand platform ‘A Taste of Home’ with a fully integrated brand campaign.


Synlait posts $28.5m loss,  taps Grant Watson to be new CEO
27 Sep 2021  

Synlait posts $28.5m loss, taps Grant Watson to be new CEO

Miraka’s boss will join struggling Synlait in January to try and bring the dairy business back into the black by FY23.


A closer look: Ingredients dip but Covid drives Fonterra’s consumer brands
24 Sep 2021  

A closer look: Ingredients dip but Covid drives Fonterra’s consumer brands

Covid-19 has changed consumer behaviour helping to drive Fonterra’s consumer brands, says CEO Miles Hurrell.


Fonterra moots Chile exit, Aus IPO to put higher value NZ dairy centre stage
23 Sep 2021  

Fonterra moots Chile exit, Aus IPO to put higher value NZ dairy centre stage

A strategy reset will see billions invested in “differentiating NZ milk on the world stage” to drive the co-op up the value chain.


Fonterra cuts coal greenhouse gas emissions by 11%
16 Sep 2021   /

Fonterra cuts coal greenhouse gas emissions by 11%

Fonterra says it cut its greenhouse gas emissions from coal by 11% in one year thanks to the conversion to renewable wood pellets at its Te Awamutu site.


Olam Food Ingredients details Waikato dairy plan, makes key hires
15 Sep 2021   /

Olam Food Ingredients details Waikato dairy plan, makes key hires

Olam Food Ingredients has confirmed plans to develop a new dairy-processing facility in Waikato after exiting its ownership of Open Country Dairy earlier this year.


Scale-up to kick off at Spring Sheep
14 Sep 2021   /

Scale-up to kick off at Spring Sheep

The company’s new CEO Nick Hammond talks culture, scale-up challenges, China, and the prospects for growth.


Food firms dominate Kiwi co-op rankings
10 Sep 2021   /

Food firms dominate Kiwi co-op rankings

Fonterra, Zespri, and Foodstuffs are heavyweights in NZ’s top 30 co-operative rankings.


Synlait signs $30m S&L deal
9 Sep 2021   /

Synlait signs $30m S&L deal

Synlait Milk has sold its Auckland premises at Richard Pearce Drive for $30.05m and will lease back the property.


Synlait looks for 150 layoffs to save up to $12m
8 Sep 2021  

Synlait looks for 150 layoffs to save up to $12m

The move to “review and reset the structure of the business” could see as many as 150 jobs go at the dairy company.


A2 Milk, Synlait to be removed from S&P/ASX indices
7 Sep 2021   /

A2 Milk, Synlait to be removed from S&P/ASX indices

A quarterly review of all shares in the ASX to recalibrate the S&P Dow Jones Indices has seen New Zealand dairy companies A2 Milk and Synlait earmarked for removal from separate lists.


Otis puts money where its mouth is with 1% fund launch
6 Sep 2021   /

Otis puts money where its mouth is with 1% fund launch

The plant-based milk business will ring-fence 1% of sales revenue to invest into making oats a “viable and exciting” alternative for farmers to grow.


Dairy pushes export prices higher
6 Sep 2021  

Dairy pushes export prices higher

Export prices for goods rose 8.3% on the previous quarter in the three months to June 2021, while import prices rose 4.8%, according to Stats NZ.


Food moves at Spring Sheep Milk Co, Scales and Invivo
3 Sep 2021  

Food moves at Spring Sheep Milk Co, Scales and Invivo

Internal promotions, arrivals and departures are all in today’s trio of executive food moves.


Whitestone offers free cheese for vaccinators to help rollout
3 Sep 2021   /

Whitestone offers free cheese for vaccinators to help rollout

Otago cheese producer Whitestone has made an offer to provide free cheese to healthcare professionals in a bid to encourage staff to man a proposed drive-through Covid-19 vaccination centre in Oamaru.


Cathedral Cove Naturals recalls chocolate coconut yoghurt
30 Aug 2021  

Cathedral Cove Naturals recalls chocolate coconut yoghurt

Cathedral Cove Naturals is recalling all batches and all dates up to and including 21/10/2021 of its Cathedral Cove Naturals brand chocolate coconut yoghurt.


Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island”
27 Aug 2021   /

Dairyworks’ Tim Carter: “We’re acting like there is Delta in the South Island”

The Canterbury-based company has stood up a raft of ever more stringent measures to protect against the latest outbreak.


Fresh cuts: Product launches for the week to 27 August
27 Aug 2021  

Fresh cuts: Product launches for the week to 27 August

Cardrona Distillery proudly shows its support of love, diversity and inclusion via vodka; global ice cream brand Ben & Jerry’s tops out its tubs; and Invivo toasts its eighth vintage of Graham Norton’s Own Wines.


A2 Milk net profit plunges 79%, strategy review underway
26 Aug 2021  

A2 Milk net profit plunges 79%, strategy review underway

The prolonged impact of Covid-19 and a rapidly changing China market has prompted the company to launch a growth strategy review.


NZ ice cream award dates moved
25 Aug 2021   /

NZ ice cream award dates moved

The NZ Ice Cream Manufacturers Association has moved the dates for the 2021 New Zealand Ice Cream Awards, shifting judging to the beginning of November.


New execs for Synlait, Fonterra
20 Aug 2021  

New execs for Synlait, Fonterra

Synlait recruits from Qatar to fill its director of operations role, while Fonterra goes internal for its new people and culture MD.


ComCom approves Fonterra’s milk price forecast
17 Aug 2021   /

ComCom approves Fonterra’s milk price forecast

Fonterra’s calculation of the base milk price it will pay farmers in the 2020/21 dairy season is consistent with the Dairy Industry Restructuring Act (DIRA), says the Commerce Commission.


Is Nestlé lining up A2 Milk?
16 Aug 2021   /

Is Nestlé lining up A2 Milk?

Suitors are reported to be weighing options around A2, but any potential offer would only be made after the milk company’s annual results next week.


Raw milk recall after Listeria detected
16 Aug 2021   /

Raw milk recall after Listeria detected

Real Milk Timaru is recalling batches of its raw milk following the detection of Listeria during routine testing.


NZFGC submits on animal product, wine regs redesign
10 Aug 2021   /

NZFGC submits on animal product, wine regs redesign

New Zealand Food & Grocery Council has submitted comments of the regulatory redesign of Animal Products and Wine Regulations respectively.


Milligans to launch new brand in US, drive domestic retail
6 Aug 2021  

Milligans to launch new brand in US, drive domestic retail

The family-owned Otago firm is making a play for the US butter market and expanding its retail efforts at home.


Synlait strikes debt deal with banks
3 Aug 2021  

Synlait strikes debt deal with banks

Synlait Milk has agreed terms to restructure its maturing debt pile following discussions with its banking syndicate after it secured a waiver for relevant FY21 covenants.


Fonterra’s new season production positive
2 Aug 2021   /

Fonterra’s new season production positive

Fonterra has started the new season with production up across the board, according to the firm’s Global Dairy Update for July.


Lindsay Farm in raw milk recall
28 Jul 2021  

Lindsay Farm in raw milk recall

Hawke’s Bay milk producer Lindsay Farm is recalling specific batches of Lindsay Farm brand Organic Raw Milk (unpasteurised) as the product may contain Campylobacter.


Fonterra to ditch coal at Stirling site
28 Jul 2021   /

Fonterra to ditch coal at Stirling site

Fonterra is to stop using coal at its Stirling cheese plant in Otago, moving to wood biomass to fire the site by August 2022.


Sunny South joins NZ oat milk line up
26 Jul 2021   /

Sunny South joins NZ oat milk line up

New Zealand’s newest oat milk venture heads offshore to meet local demand as it waits for the proposed $50m Southland production facility.


New people chief for A2 Milk
26 Jul 2021   /

New people chief for A2 Milk

The A2 Milk Company has filled another role in its leadership team appointing a new chief people and culture officer following the departure of Lisa Burquest in January.


FSANZ calls for infant formula feedback
23 Jul 2021  

FSANZ calls for infant formula feedback

​Food Standards Australia New Zealand is calling for comment on an application to allow a new production method for a permitted oligosaccharide added to infant formula products.


Wait and see for Fonterra fund future
22 Jul 2021  

Wait and see for Fonterra fund future

The manager of the Fonterra Shareholders’ Fund is continuing to discuss the dairy group’s capital structure proposals in confidence with Fonterra and with advisers, as it awaited more details regarding the future of the fund.


Vegan cheese award winners crowned
21 Jul 2021  

Vegan cheese award winners crowned

The supreme winner of the Vegan Society Aotearoa New Zealand inaugural Vegan Cheese Awards was Dunedin deli Let Them Eat Vegan’s Cheddar Spread.


Fonterra to revise restructuring following feedback
19 Jul 2021  

Fonterra to revise restructuring following feedback

Farmer feedback set to shape Fonterra’s revised capital structure proposal, according to the dairy co-operative.


Fonterra, AGMARDT back UV treatment tech
15 Jul 2021  

Fonterra, AGMARDT back UV treatment tech

Following an initial round of funding by AGMARDT, the trust and Fonterra are backing further research into new UV treatment technology which has the potential to significantly reduce biosecurity risk and improve animal well-being in the dairy sector.


Watch: Could dairy factories pivot to plant proteins?
14 Jul 2021   /

Watch: Could dairy factories pivot to plant proteins?

A video presentation from AgResearch senior scientist Dr Simon Loveday on whether New Zealand’s dairy companies could instead start processing plant proteins.


Happy Cow launches capital raise, Hunt and Gather secures funds
13 Jul 2021  

Happy Cow launches capital raise, Hunt and Gather secures funds

Described as a milk factory in a box, Happy Cow Milk Company, has today launched its second capital raise as it looks to scale-up its prototype into paddocks and retailers around the country.


A2 in APAC restructure, reshuffle and recruitment
12 Jul 2021   /

A2 in APAC restructure, reshuffle and recruitment

Its Asia Pacific division will be split three ways in an effort to revive growth.


FMA clears Fonterra on write-downs
12 Jul 2021   /

FMA clears Fonterra on write-downs

The Financial Markets Authority has found no evidence to press forward with action against Fonterra regarding the timing of accounting write-downs for Beingmate Baby and Child Food Co and the China Farm assets.


Landcorp/Pāmu lifts profit forecast to up to $64m
12 Jul 2021  

Landcorp/Pāmu lifts profit forecast to up to $64m

State-owned farmer Landcorp/Pāmu has upgraded its forecast EBITDAR to between $59m and $64m for the year to June, up from its previous forecast in February of $45m to $50m.


ComCom updates Fonterra milk price calculation framework
7 Jul 2021   /

ComCom updates Fonterra milk price calculation framework

The Commerce Commission has updated its approach paper outlining the framework it applies when reviewing both how Fonterra sets its annual base milk price and the Milk Price Manual used to set the base milk price.


Gates open for Silver Fern Farms and Pasture Summit events
7 Jul 2021  

Gates open for Silver Fern Farms and Pasture Summit events

The Silver Fern Farms’ 2021 Farmer Conference gets underway in Wellington, while the Pasture Summit takes place in Hamilton.


OIO greenlights A2 Milk’s $268m Mataura deal
6 Jul 2021  

OIO greenlights A2 Milk’s $268m Mataura deal

A2 Milk says the Overseas Investment Office has signed off its proposed $268.5m purchase of a 75% interest in Southland dairy nutrition business Mataura Valley Milk.


A2 poaches Danone marketing lead
2 Jul 2021   /

A2 poaches Danone marketing lead

The A2 Milk Company has appointed an infant nutrition marketing specialist from European food giant Danone as its new chief marketing officer.


NZ finishes full dairy season up 1.5% – Fonterra
1 Jul 2021  

NZ finishes full dairy season up 1.5% – Fonterra

Fonterra’s New Zealand milk collection for May 2021 was 75.3 million kgMS, 7.7% higher than the same month last year.


Fonterra exits China jv in $163m deal
29 Jun 2021   /

Fonterra exits China jv in $163m deal

Fonterra is offloading its two joint venture farms in China to Singapore-based AustAsia Investment Holdings for $163m.


Dairy drives up May exports
28 Jun 2021   /

Dairy drives up May exports

Monthly goods exports were up $461m to $5.9bn after a 12% rise in dairy products in the month of May, according to StatsNZ.


Fonterra, Synlait, Tip Top among food firms backing safety research
25 Jun 2021  

Fonterra, Synlait, Tip Top among food firms backing safety research

Food companies including Synlait, Fonterra, TipTop, and Hellers are backing a new project exploring an electromagnetic detection and imaging method aimed at boosting food safety systems.


Choco, coffee partnerships push Farm Fresh South growth
22 Jun 2021  

Choco, coffee partnerships push Farm Fresh South growth

A small Southland dairy operator has taken a leaf out of the Lewis Road’s play book teaming up with boutique chocolate and coffee companies to push into the flavoured milk category.


Real Milk Timaru in recall
22 Jun 2021  

Real Milk Timaru in recall

Real Milk Timaru is recalling specific batches of its Real Milk Timaru brand raw (unpasteurised) drinking milk as the product may contain Listeria monocytogenes.


SFF Futures backs $22m project
17 Jun 2021  

SFF Futures backs $22m project

The Sustainable Food and Fibre Futures fund is contributing $8.98m to a $22.23m project to investigate plantain’s potential to help farmers protect waterways and improve freshwater quality.


NZ Dairy Industry Awards and Westpac part ways
16 Jun 2021   /

NZ Dairy Industry Awards and Westpac part ways

Westpac NZ is ending its position as national sponsor of New Zealand Dairy Industry Awards after more than ten years.


Rabobank joins dairy peers at $8/kgMS
11 Jun 2021   /

Rabobank joins dairy peers at $8/kgMS

Rabobank has increased its forecast farmgate milk price for the 2021/22 dairy season to $8/kgMS – the same as peers including Fonterra.


Happy Valley Nutrition lands US ingredient deal
10 Jun 2021  

Happy Valley Nutrition lands US ingredient deal

Australian-listed Happy Valley Nutrition has signed a conditional agreement with North American dairy ingredient distributor, Burt Lewis Ingredients, for the supply of nutritional milk powders.


Meat, dairy sales volumes grow in Q1
10 Jun 2021  

Meat, dairy sales volumes grow in Q1

Manufacturing sales volumes reached a record peak of $27bn in the March quarter, up 0.4% or $113m from the December 2020 quarter, according to Stats NZ.


Deer milk trial secures $244k from HVN
9 Jun 2021   /

Deer milk trial secures $244k from HVN

A clinical trial that could underpin the development of deer milk as a new industry in New Zealand has secured $244,000 of funding from the HVN Challenge.


Food exporters feel the squeeze as shipping disruptions continue
8 Jun 2021   /

Food exporters feel the squeeze as shipping disruptions continue

Competition for container space is fierce, driving up costs alongside congestion and uncertain scheduling.


Fonterra restructure feedback “diverse”
4 Jun 2021  

Fonterra restructure feedback “diverse”

Around 4,000 Fonterra co-operative members have so far attended a consultation meeting or joined a webinar about the proposed changes to the group’s capital structure, according to an update from the co-op’s council.


Duck Island doubles down on domestic demand…
3 Jun 2021  

Duck Island doubles down on domestic demand…

Supermarket sales are on a growth trajectory with a new ice cream factory opening soon.


…as Lewis Road crosses fingers for UK trade agreement
3 Jun 2021  

…as Lewis Road crosses fingers for UK trade agreement

The owner of Lewis Road Creamery can see the company repeating its US export success in the UK – but will await the outcome of current trade negotiations before making MORE »


Synlait sticks by FY21 guidance despite suppliers suffering flood damage
3 Jun 2021   /

Synlait sticks by FY21 guidance despite suppliers suffering flood damage

The Canterbury company says it has been challenging getting its tankers to suppliers.


Dairy Woman of the Year to join AGMARDT
2 Jun 2021   /

Dairy Woman of the Year to join AGMARDT

AGMARDT has announced the appointment of Trish Rankin as the next associate board member to join its board of trustees.


A2 responds to reports of potential class action
1 Jun 2021  

A2 responds to reports of potential class action

A2 said it believes it has complied with all disclosure obligations.


Synlait hikes milk price forecast
1 Jun 2021  

Synlait hikes milk price forecast

Synlait Milk has increased its forecast base milk price for the 2020/2021 season by 35 cents to $7.55 kgMS.


OIO approves $3.5m New Plymouth sale
1 Jun 2021  

OIO approves $3.5m New Plymouth sale

The Overseas Investment Office has given the green-light to the sale of a New Plymouth goat farm to a partnership owned by descendants of American Peter H Kuyper.


Whitestone opens doors in Auckland
31 May 2021  

Whitestone opens doors in Auckland

Oamaru’s Whitestone Cheese has opened its cheese bar in Auckland’s Viaduct.


Fonterra to contribute $12bn to economy with record milk price forecast – CEO
26 May 2021  

Fonterra to contribute $12bn to economy with record milk price forecast – CEO

Fonterra will contribute $12bn to the New Zealand economy in the next season, says the co-op’s chief executive, Miles Hurrell.


Clevedon Buffalo moves into the black, eyes expansion
25 May 2021  

Clevedon Buffalo moves into the black, eyes expansion

The award-winning specialist cheese producer is looking to buy its own farm and factory.


Synlait’s outlook sours with up to $30m loss forecast
24 May 2021  

Synlait’s outlook sours with up to $30m loss forecast

The dairy company now forecasts a full year loss of between $20m – $30m in 2021.


Oatly IPO froths as share price jumps on debut
21 May 2021   /

Oatly IPO froths as share price jumps on debut

The Swedish oat milk company has become the latest plant-based IPO sensation in the US.


Cheese recall due to possible E. coli
20 May 2021   /

Cheese recall due to possible E. coli

Surti Indian Samosa Limited is recalling a specific batch of Surti brand Paneer due to the possible presence of E. coli.


Synlait scrambles after third exec resigns
17 May 2021   /

Synlait scrambles after third exec resigns

CFO’s departure follows that of chief executive Leon Clement and director of operations Mark Toomey.


A bad day for A2 Milk
11 May 2021  

A bad day for A2 Milk

The former darling of the NZX was forced to slash its revenue forecasts and write down the value of its assets.


Dairy lobbies for tariff free UK FTA
10 May 2021   /

Dairy lobbies for tariff free UK FTA

The Dairy Companies Association of New Zealand is calling for a trade deal with the UK which comprehensively removes agricultural tariffs.


Cheese champions crowned
7 May 2021  

Cheese champions crowned

Awards given after judging of more than 310 cheeses entered in annual competition.


Fonterra moots end of listed fund
6 May 2021  

Fonterra moots end of listed fund

Preferred option for capital structure review would dismantle or cap fund that gives outside investors access to co-op.


Dairy disruption ‘a given’ as lab innovation picks up pace
6 May 2021   /

Dairy disruption ‘a given’ as lab innovation picks up pace

New Zealand dairy giants may not be milking it for much longer, with futurist Melissa Clark-Reynolds predicting major disruption in the pipeline for the sector.


Fonterra trading halt, capital structure announcement pending
6 May 2021  

Fonterra trading halt, capital structure announcement pending

Fonterra yesterday went into a trading halt ahead of an announcement about its capital structure, expected this morning.


Whitestone Cheese advances in Auckland  but retreats from Aus, US markets
5 May 2021  

Whitestone Cheese advances in Auckland but retreats from Aus, US markets

Oamaru-based artisan cheese producer Whitestone Cheese is building on their domestic market, shifting efforts from export markets.


Goat farm investment gets OIO green-light
30 Apr 2021  

Goat farm investment gets OIO green-light

A Taiwan-listed multinational pharmaceutical company is to invest $3.5m to convert a Waikato dairy farm to goat milk production.


Rabobank hikes milk price forecast, predicts bumper season
30 Apr 2021  

Rabobank hikes milk price forecast, predicts bumper season

Rabobank has hiked its farmgate milk price forecast by 60 cents to $7.60 kg/MS for the 2020/21 season.


Synlait tightens emissions targets
30 Apr 2021   /

Synlait tightens emissions targets

Synlait Milk has reset its 2018 inaugural emissions reduction targets.


Synlait launches premium product,  lines up Asian customer
29 Apr 2021  

Synlait launches premium product, lines up Asian customer

The dairy company says its new premium ingredients offering is for consumers seeking “sustainably, ethically and equitably produced” products.


NZ cheesemakers to EU: hands off ‘halloumi’
29 Apr 2021  

NZ cheesemakers to EU: hands off ‘halloumi’

New Zealand cheesemakers are up in arms over the European Commission’s continuing campaign to restrict the use of common names in international cheesemaking, with halloumi the latest target.


PURE NZ Ice Cream goes international with first export deal
28 Apr 2021  

PURE NZ Ice Cream goes international with first export deal

The Wānaka producer secures entry into Japan with distributor Horizon Farms.


Oatly maps growth as it preps US IPO
22 Apr 2021   /

Oatly maps growth as it preps US IPO

The phenomenal rise of the Swedish oatmilk juggernaut is detailed ahead of a potential $10bn listing on the NYSE.


Countdown, Fonterra add weight to freight debate
19 Apr 2021  

Countdown, Fonterra add weight to freight debate

The duo join partners to plot a low emissions future for New Zealand’s freight sector.


Organics plan to scale-up $723m NZ sector
15 Apr 2021   /

Organics plan to scale-up $723m NZ sector

A strategy is in the pipeline to help accelerate an already-booming industry.


Westland presses go on $3.2m Hokitika project
15 Apr 2021  

Westland presses go on $3.2m Hokitika project

The project will reduce the factory’s carbon emissions by 7%.


Synlait, A2 sell-off follows Clement resignation
13 Apr 2021   /

Synlait, A2 sell-off follows Clement resignation

The dairy companies saw share prices slip following news that Synlait’s boss is leaving.


Synlait CEO resigns
13 Apr 2021   /

Synlait CEO resigns

Leon Clement will leave the listed dairy company at the end of April.


Opportunity in organic sector – report
13 Apr 2021  

Opportunity in organic sector – report

There is opportunity for faster growth, according to the Organic Sector Market Report 2020/21.


Ice-cream maker scoops Domino’s deal
12 Apr 2021  

Ice-cream maker scoops Domino’s deal

The tie-up is a shot in the arm for PURE NZ Ice Cream after its foodservice and tourism channels were hit by Covid.


Raw drinking milk recalled
7 Apr 2021   /

Raw drinking milk recalled

The Ministry of Primary Industries is recalling raw unpasteurised drinking milk from Central Hawke’s Bay producers Lindsay Farm following a detection of Campylobacter as part of a routine testing programme.


Vegans question need for dairy exports
7 Apr 2021   /

Vegans question need for dairy exports

The Vegan Society Aotearoa New Zealand is questioning the need for dairy exports as the industry’s affect on the environment continues to be in the spotlight.


Fonterra completes $552m sale of China farms
6 Apr 2021  

Fonterra completes $552m sale of China farms

Fonterra has sold its two China farming hubs in Ying and Yutian to Inner Mongolia Youran Dairy Co.


Milk production increases, Feb exports up
1 Apr 2021  

Milk production increases, Feb exports up

New Zealand milk production increased 3% on a litres basis in February 2021, compared to February last year.


Fonterra commits to ending coal use
1 Apr 2021  

Fonterra commits to ending coal use

The co-op says it will remove coal from its sites, as it continues its transition to renewable energy.


Farmer confidence at highest levels since 2018
1 Apr 2021  

Farmer confidence at highest levels since 2018

Improving commodity prices were the key reason cited by farmers expecting NZ’s agri economy to improve.


Synlait interim profit plunges 76%, outlook remains uncertain
29 Mar 2021  

Synlait interim profit plunges 76%, outlook remains uncertain

Significant Covid-19 induced uncertainty and volatility will continue, says the milk powder producer.


Westland Milk in $40m butter expansion play
25 Mar 2021  

Westland Milk in $40m butter expansion play

The West Coast dairy company will double the capacity of its Hokitika butter manufacturing plant.


NZ Story launches NZ Dairy Story
24 Mar 2021  

NZ Story launches NZ Dairy Story

New Zealand Story is showcasing the country’s dairy sector with its Dairy Goodness for the World collateral.


Synlait loses ops director back to Australia
23 Mar 2021   /

Synlait loses ops director back to Australia

Mark Toomey has resigned from the specialist diary company after just over a year in the role.


Seafood, dairy products see goods export up $233m in Dec quarter
19 Mar 2021   /

Seafood, dairy products see goods export up $233m in Dec quarter

Goods exports were up $233m in the December quarter, driven by an increase in fish, crustaceans, and molluscs, as well as milk powder, butter and cheese, according to Stats NZ.


Fonterra interim profit drops 22%, China divestment continues
17 Mar 2021  

Fonterra interim profit drops 22%, China divestment continues

The co-op said it was “pleased” with its results as the previous period’s earnings were inflated by asset sales.


2021 Canterbury/North Otago Dairy Industry Awards winners named
17 Mar 2021   /

2021 Canterbury/North Otago Dairy Industry Awards winners named

Dinuka and Nadeeka Gamage were announced winners of the region’s Share Farmer of the Year category.


Fonterra farmers survey: New capital structure – yes, outside investors – no
16 Mar 2021  

Fonterra farmers survey: New capital structure – yes, outside investors – no

The co-op’s shareholders have indicated support for an overhaul of the dairy giant’s structure.


Medals for NZ Champions of Cheese announced
16 Mar 2021   /

Medals for NZ Champions of Cheese announced

The New Zealand Specialist Cheesemakers Association has announced 265 medal winners in the NZ Champions of Cheese Awards 2021.


High milk costs in China sees milk price jump 80c
12 Mar 2021   /

High milk costs in China sees milk price jump 80c

The high cost of producing milk in China had favoured importing New Zealand dairy products.


Dairy farmer fined $30k for labour breaches
11 Mar 2021   /

Dairy farmer fined $30k for labour breaches

An investigation in 2019 found breaches of minimum employment standards in relation to 24 workers.


Falling prices suppress dairy, meat manufacturing
10 Mar 2021   /

Falling prices suppress dairy, meat manufacturing

Dairy and meat product manufacturing fell 3.2% to $288m in the December 2020 quarter, says Stats NZ.


Fonterra lifts farmgate forecast – again
9 Mar 2021  

Fonterra lifts farmgate forecast – again

Fonterra has lifted its 2020/21 farmgate milk price range forecast for the second time in two months.


Southern Pastures enters $50m sustainability loan
2 Mar 2021   /

Southern Pastures enters $50m sustainability loan

Southern Pastures has entered into a three-year $50m sustainability-linked farm loan with BNZ and its syndicate.


Daigou disruption sees A2 Milk profit, shares tumble
1 Mar 2021  

Daigou disruption sees A2 Milk profit, shares tumble

The company suffered a 35% drop in interim profit in what it described as a “challenging” first half year.


Dairy, meat lead value of Jan exports down
26 Feb 2021   /

Dairy, meat lead value of Jan exports down

It was the fifth consecutive month where dairy exports were less than the corresponding month a year ago.


Lewis Road Creamery launches new flavour
24 Feb 2021  

Lewis Road Creamery launches new flavour

Lewis Road Creamery has launched a new flavour milk creation, Banoffee.


Deep South ice cream recalled
18 Feb 2021   /

Deep South ice cream recalled

New Zealand Creameries is recalling its Deep South brand strawberry & cream pavlova premium ice cream due to the presence of an undeclared allergen, egg.


Champions of Cheese judging moves to Hamilton
17 Feb 2021   /

Champions of Cheese judging moves to Hamilton

Judging of the NZ Champions of Cheese Awards 2021 will go ahead in Hamilton this weekend after Auckland’s snap Covid-19 alert level 3 lockdown.


Miraka board names Watson as new boss
18 Dec 2020  

Miraka board names Watson as new boss

The announcement follows Richard Wyeth’s departure in October.


A2 Milk in trading halt as earnings guidance revised
17 Dec 2020  

A2 Milk in trading halt as earnings guidance revised

A2 Milk Company has stopped the trading of its shares on the NZX and ASX while it revises its earnings guidance. The dual-listed firm said this morning that the halt MORE »


Nestlé comes to the table to tackle NZ emissions
15 Dec 2020   /

Nestlé comes to the table to tackle NZ emissions

Global giant teams up with Fonterra and DairyNZ to co-fund plantain project in effort to reduce emissions.


ComCom ‘satisfied’ with Fonterra’s milk pricing
15 Dec 2020  

ComCom ‘satisfied’ with Fonterra’s milk pricing

The Commerce Commission says it is “satisfied” with Fonterra’s milk prices.


Stats NZ: September surge boosted by dairy, meat, grocery records
10 Dec 2020   /

Stats NZ: September surge boosted by dairy, meat, grocery records

Dairy and meat product manufacturing volumes, and wholesale grocery and liquor value saw huge lifts in the Sept quarter.


Fonterra backs biogas research
8 Dec 2020  

Fonterra backs biogas research

The dairy co-op joins BECA, EECA and Firstgas Group in backing the research.


Fonterra lifts milk price  following China rebound
7 Dec 2020  

Fonterra lifts milk price following China rebound

Strong demand for NZ dairy has seen the co-op lift its milk price forecast and report Q1 earnings of $250m.


Dairy exports suffer 16% value hit
3 Dec 2020  

Dairy exports suffer 16% value hit

Both dairy and meat exports have taken a dive in the September quarter.


Synlait water results slip in second sustainability report
3 Dec 2020  

Synlait water results slip in second sustainability report

The dairy giant’s so called off-farm water results have moved away from 2028 targets.


Call goes out for 2021 cheese champions
2 Dec 2020  

Call goes out for 2021 cheese champions

Entries are now open for the 19th annual New Zealand Champions of Cheese Awards.


Unilever NZ begins four-day work week trial
1 Dec 2020  

Unilever NZ begins four-day work week trial

The consumer goods giant has 81 New Zealand-based employees.


Synlait completes $200m raise
1 Dec 2020  

Synlait completes $200m raise

The dairy company successfully raised the money after closing an oversubscribed $20m share purchase plan.


Value of food exports drop in Oct – Stats NZ
27 Nov 2020  

Value of food exports drop in Oct – Stats NZ

Some dairy products were down $198m.


Synlait bets on diversification to build value
26 Nov 2020   /

Synlait bets on diversification to build value

Diversifying its product ranges, customers and target markets has created a more sustainable business, says Synlait chief executive Leon Clement.


A2 Milk maintains guidance, says 2020 has ‘tested us’
19 Nov 2020  

A2 Milk maintains guidance, says 2020 has ‘tested us’

The dairy company says it expects an uptick in activity in the second half of FY21 despite continuing uncertainty.


Dairy producers pay falls 13% dip in Sept quarter – Stats NZ
19 Nov 2020  

Dairy producers pay falls 13% dip in Sept quarter – Stats NZ

Gains made in the March and June quarters have been impacted by the fall.


Miraka scoops top biosecurity award
18 Nov 2020  

Miraka scoops top biosecurity award

The Taupō-based dairy company was recognised at the awards ceremony on Monday night.


Ex-Tip Top boss Ballinger named as AsureQuality CEO
13 Nov 2020  

Ex-Tip Top boss Ballinger named as AsureQuality CEO

She replaces Jeremy Hood who has been interim chief executive.


Farmstrong, Frucor, Fonterra win big in safety awards
13 Nov 2020  

Farmstrong, Frucor, Fonterra win big in safety awards

The awards took place in Auckland on Wednesday night.


$180m Synlait placement oversubscribed
12 Nov 2020  

$180m Synlait placement oversubscribed

Synlait Milk has added $180m to its coffers after successfully completing a discounted share placing.


Synlait targets $200m in equity raise
11 Nov 2020  

Synlait targets $200m in equity raise

The company will use the money to complete its investment strategy, pay down debt, and strengthen its balance sheet.


Seasonal worker shortage ‘enormous pressure point’ – ANZ
11 Nov 2020  

Seasonal worker shortage ‘enormous pressure point’ – ANZ

As prime picking time looms near the horticulture industry remains concerned about RSE shortages.


Synlait share trading stops for expected capital raise
10 Nov 2020  

Synlait share trading stops for expected capital raise

Synlait Milk has stopped the trading of its shares in both New Zealand and Australia ahead of an announcement of a significant capital raise.


Fonterra sets out stall to combat Covid uncertainty
10 Nov 2020  

Fonterra sets out stall to combat Covid uncertainty

Fonterra is on the “home straight” of its turnaround and well-positioned to face continued Covid-19 induced global uncertainty, according to chief executive Miles Hurrell


Wyeth moves to Westland Dairy to lead growth
9 Nov 2020  

Wyeth moves to Westland Dairy to lead growth

He takes over from Shiqing Jian who has been interim chief executive.


Synlait reveals new deal with mystery multinational customer
6 Nov 2020  

Synlait reveals new deal with mystery multinational customer

Synlait Milk says it has signed a new manufacturing supply deal with “an established, global category leader” but it has not named its new customer.


Cathy Quinn joins Fonterra board
5 Nov 2020  

Cathy Quinn joins Fonterra board

Former lawyer Cathy Quinn has been appointed to Fonterra’s board of directors.


Fonterra sustainability: Earnings up but environment work lags
4 Nov 2020  

Fonterra sustainability: Earnings up but environment work lags

The dairy co-op returns to sustainable earnings as it continues to tackle environmental challenges.


Zealong, Meyer partner for world first
3 Nov 2020   /

Zealong, Meyer partner for world first

Zealong Tea Estate and Meyer Cheese have created a so-called world first tea-infused cheese.


Milk production lifts by 1.6% as US, EU exports grow
2 Nov 2020   /

Milk production lifts by 1.6% as US, EU exports grow

Fonterra released its Global Dairy Update last week with the latest data.


Synlait targets consolidation ahead of growth, board chair to exit
28 Oct 2020  

Synlait targets consolidation ahead of growth, board chair to exit

Synlait Milk has set the course for a year of consolidation following a period of substantial investment.


Value of dairy exports takes $97m hit
28 Oct 2020  

Value of dairy exports takes $97m hit

The value of New Zealand’s dairy product exports in September 2020 fell from the same month in 2019.


‘Strong’ food sector drives Taranaki economy – report
27 Oct 2020  

‘Strong’ food sector drives Taranaki economy – report

The region continues to rank as one of the highest rates of economic activity per capita in New Zealand.


Help for dairy farmers switching to sheep, goat
23 Oct 2020  

Help for dairy farmers switching to sheep, goat

Waikato Milking Systems is helping farmers across New Zealand make the switch to sheep and goat milk.


DairyNZ re-elects directors
23 Oct 2020  

DairyNZ re-elects directors

Jim van der Poel, who chairs the DairyNZ board, and Colin Glas would each serve another three-year term on the board.


NZTE launches global food and beverage campaign
21 Oct 2020   /

NZTE launches global food and beverage campaign

NZTE has launched a new global campaign to showcase the country’s food and beverage industry.


Talley’s buys Dairyworks’ Deep South ice cream
20 Oct 2020  

Talley’s buys Dairyworks’ Deep South ice cream

Dairyworks has sold its Deep South ice cream brand to seafood giant Talley’s for an undisclosed sum.


ComCom opens submissions on draft Fonterra price report
16 Oct 2020  

ComCom opens submissions on draft Fonterra price report

The Commerce Commission has today released its draft report on Fonterra’s Farmgate Milk Price Manual.


Massey Uni, AgResearch partner for new research facility
15 Oct 2020  

Massey Uni, AgResearch partner for new research facility

Massey University and AgResearch are developing a new joint dairy research facility in the Manawatū region.


ASX-listed HVN gets OIO green light for dairy factory
14 Oct 2020   /

ASX-listed HVN gets OIO green light for dairy factory

Happy Valley Nutrition has secured Overseas Investment Office approval to develop a dairy factory in the Waikato.


Fonterra to sell China farms for $555m
12 Oct 2020  

Fonterra to sell China farms for $555m

Fonterra is planning to pay down debt with $555m from the sale of farms it has developed in China.


Record sales for New Zealand cheese industry
1 Oct 2020  

Record sales for New Zealand cheese industry

The New Zealand cheese industry has seen record supermarket sales for much of 2020, despite the varying impacts of Covid-19.


Fonterra posts $1.3bn turnaround, reports $659m profit
18 Sep 2020  

Fonterra posts $1.3bn turnaround, reports $659m profit

Fonterra has posted an after tax profit of $659m for the year to July 2020, a $1.3bn turnaround from the $605m loss it made the previous year.