Wellington | Reuters — New Zealand dairy exporter Fonterra is cutting jobs in an effort to shore up its cash flows as a slump in global dairy demand, particularly from […] Read more
Fonterra cuts dairy jobs as ‘white gold’ rush fizzles
Global dairy demand seen picking up only slightly
Wellington | Reuters –– Global dairy prices are expected to pick up only slightly over the next 12 months, New Zealand dairy co-operative Fonterra, the world’s largest dairy exporter, said […] Read more
Higher U.S. beef prices ahead as grills fire up, imports cool down
Chicago/Wellington | Reuters –– Record-high U.S. beef prices will likely climb even higher this summer just as Australia and New Zealand imports dwindle under an extended drought in those countries […] Read more
New Zealand declares partial drought, offers farm assistance
Wellington | Reuters — New Zealand has declared a drought in parts of the country’s South Island, offering financial assistance and tax relief to farmers after dry conditions have cut […] Read more
U.S. burger demand a boon to New Zealand dairy farmers
Wellington| Reuters –– Supersized U.S. demand for burgers is a godsend for New Zealand farmers struggling with weak dairy prices but now earning good money for cows sent to slaughter […] Read more
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