The Country
Fonterra boss: Stronger dairy demand lifts milk price forecast
Fonterra’s 2026/27 midpoint forecast rose 25c to $9.75 per kgMS.
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Stories and analysis from The Northern Express Herald.
Fonterra faces $1.7b earnings test after Mainland sale
The co-operative has lifted its milk price forecast to $9.50/kgMS for farmers.
Strong El Niño could cut national milk production by 3.3%
DairyNZ warns a strong El Niño could lift break-even milk prices to $9.07/kgMS.
Kiwi exporters lining up for millions of dollars in US tariff refunds
Businesses still face new 12.5% tariffs and complex US trade rules pose challenges.
Fonterra expects FY26 earnings at top of 60-70c forecast
Fonterra expects FY26 underlying earnings at the top of its 60-70c range.
Synlait forecasts net loss of up to $75m
But the dairy and infant formula maker says operations are improving.
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Synlait shares rose after reports linked A2 Milk and Fonterra to a ‘take-private’ deal.
A2 Milk expects China label sales to recover in 2027
Revenue rose 12.4% to $1.97b despite fourth-quarter supply disruption.
PGG Wrightson profit rises 46% on record $1.1b turnover
The total dividend rose to 10c per share, from 6.5c in 2025.
Farm costs could rise as strong El Niño tests agriculture sector
Transpower says key hydro catchments usually get wetter during El Niño years.
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Fertiliser prices for dairy farmers are expected to increase by about 43%.
'Robust demand in US': Skellerup upgrades full-year profit outlook
Higher US demand and a weaker NZ dollar lifted fourth quarter earnings.
Fonterra trims 2026/27 milk price forecast to $9.25/kg amid weaker demand
Global Dairy Trade prices have dropped 11% since late May.
A2 Milk says China supply issues easing after tough fourth quarter
China label sales fell in the fourth quarter after supply shortages.
How a Kiwi firm’s wood waste tech could power the next generation of EVs
CATL and Lochpine have bought a 20% stake in Kiwi firm CarbonScape.
'Back in expansion mode': NZX says milk production sets new highs
La Niña brought warm, wet conditions that supported pasture growth all summer.
A2 Milk gets key China approval, plans $300m dividend
The approval lets a2 Milk make China‑label infant formula at Pōkeno.
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The proposed transaction requires clearance from the Commerce Commission and OIO.
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The $60m–$70m merger creates New Zealand’s largest independent forestry firm.
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A Chinese court ordered unlicensed PremA96 apple plants to be destroyed.
Fonterra signs deal to take majority of power from new Canterbury solar farm
Fonterra will take 80% of the solar farm’s output under the new agreement.
Delegat lifts profit forecast after strong global wine sales
The winemaker has lifted its profit forecast to between $60m and $62m for the year.
'Risks are expected to build': MPI warns of Iran War ripple effects on NZ's food and fibre exports
The Iran war threatens to shave 1% off export earnings by 2026/27.
Synlait in talks with lenders as $130m Bright loan set for replacement
Synlait posted a $12m net loss for the four months to April 30.
Sanford halts trading as Ngāi Tahu moves to sell $66m stake
Ngāi Tahu is selling about half its 19.9% stake in Sanford.
Rising costs threaten to cut into dairy’s record run, DairyNZ warns
National milk output has topped two billion kilograms for the first time.
Fonterra lifts third-quarter earnings, unveils 2026-27 milk price forecast
Fonterra’s third-quarter earnings rose to $1.8b, up $103m on last year.
High milk payout forecast but Rabobank warns farmer margins to tighten
Rabobank tips a $9.50 to $10.00 opening milk price for 2026-27 farmers.
How the weight-loss revolution is boosting demand for New Zealand protein
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Rockit man? Kiwi company taps Chinese mega-star to push its miniature apples
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Sanford nets record $42.4m half-year profit despite revenue dip
Revenue slipped 5.5% to $270.2m, while net debt fell by $63m to $102.1m.
Synlait CEO quits after just one year amid ongoing challenges
Richard Wyeth will stay at Synlait until June 30 to manage the leadership handover.