TheDairySite Latest News: New Zealand
16 November 2020
New Zealand’s PM Ardern hits bac at Chinese claims of COVID-19 contamination on beefNew Zealand Prime Minister Jacinda Ardern says she is confident no meat products were exported from the country with COVID-19, seeming to contradict claims from Chinese authorities that they had detected coronavirus on frozen beef products from New Zealand....
10 November 2020
New Zealand’s Synlait warns of lower 2021 profitDairy products giant Synlait Milk warns of flat to lower profit in fiscal year 2021 due to weak demand for consumer-packaged infant formula....
26 October 2020
New Zealand introduces new rules for live animal exportsNew Zealand announces new requirements for the safe transport of livestock after a cattle ship capsized in the East China sea this summer, killing thousands of cows and most of the ship’s crew....
15 October 2020
Fonterra increases farmgate milk price as Chinese demand ramps upFonterra Co-operative Group Ltd raised the price range it pays farmers for milk on 15 October as demand from China, its top market, picks up....
10 October 2020
New research suggests that New Zealand's beef and sheep farms are approaching carbon neutralityIndependent research has found New Zealand’s sheep and beef farms are already close to being carbon neutral and strengthens calls for the formal recognition of on-farm sequestration....
28 September 2020
Synlait Milk forecasts higher earnings despite drop in annual profitNew Zealand’s Synlait Milk reported a 9 percent drop in annual profit on 28 September, but forecasts strong underlying core earnings for 2021 based on its core infant and lactoferrin business....
New Zealand’s a2 Milk projects weaker revenue for end of 2020New Zealand’s a2 Milk Company Ltd forecast lower first-half revenue on 28 September as lockdown measures in Australia’s Victoria state hurt its informal Chinese sales channel more than expected....
11 September 2020
New Zealand mulls changes to livestock exports by sea after ship capsizesNew Zealand has launched a review of its livestock exports by sea one week after a ship carrying nearly 6,000 cows and 43 crew members capsized off Japan....
03 September 2020
Cattle ship capsizes in storm off Japan’s coastA ship carrying 43 crew and nearly 6,000 cattle from New Zealand to China has capsized after an engine failed in stormy weather in the East China Sea....
30 August 2020
New Zealand beef and lamb sampler boxes now available in the US Silver Fern Farms, Marx Foods and Beef + Lamb New Zealand team up to launch online delivery sampler boxes for US customers. ...
19 August 2020
New Zealand’s a2 Milk expects slight losses as coronavirus stockpiling endsNew Zealand’s a2 Milk Co forecasts slightly lower earnings margins for fiscal year 2021 on 19 August....
12 August 2020
COVID-19 resurgence puts pressure on New Zealand economy, especially dairy sectorNew Zealand stocks registered their worst close in a month on 12 August after the country reported its first cluster of coronavirus cases in over 100 days....
23 June 2020
New Zealand’s Fonterra promises to pay premiums for sustainable dairyFonterra Co-Operative Group Ltd says it will pay farmers extra for sustainable dairy in a bid to incentivise production....
29 May 2020
Fonterra reports jump in March dairy exports to China as lockdowns liftNew Zealand’s dairy giant Fonterra says that China’s global dairy import volumes climbed 10.1 percent in March....
28 May 2020
New Zealand’s Synlait slashes dairy price forecast amid COVID-19 uncertaintySynlait Milk cut its milk price forecast for the current season on 28 May as global commodity prices dip....
21 May 2020
Fonterra slashes farmgate milk prices as COVID-19 erodes demandNew Zealand’s Fonterra issued a statement saying the coronavirus pandemic was, “nothing like we’ve experienced before.”...
06 May 2020
New Zealand’s new climate change curriculum worries farmersNew Zealand’s new climate change curriculum advises students to eat less dairy and meat, upsetting members of its critical farming community....
30 April 2020
New Zealand’s Fonterra reports 1.4 percent drop in exports to ChinaNew Zealand dairy giant Fonterra’s exports to China, its biggest market, fell 1.4 percent in the first two months of 2020 due to public health measures enacted to curb the coronavirus....
22 April 2020
New Zealand’s a2 Milk sees a spike in quarterly sales on consumer stockpilingOn 22 April, a2 Milk Co raised the outlook for its full-year core earnings margin as consumers stockpile goods during the coronavirus outbreak....
20 April 2020
New Zealand’s Fonterra keeps its 2019-2020 milk price forecastFonterra Co-operative Group Ltd retained its forecast milk payments to farmers for the 2019-2020 season, but told producers to exercise caution with on-farm decisions due to pandemic uncertainty....
01 April 2020
Fonterra’s February milk exports from New Zealand drop 6 percentFonterra reports that its milk exports in February fell by 6.1 percent on lower demand....
20 March 2020
Fonterra reports interim results, prioritises NZ milk and focuses on farmer ownersNEW ZEALAND - Fonterra Co-operative Group Limited this week announced its 2020 Interim Results, which show the Co-operative’s financial performance has improved with increased underlying earnings and reduced debt....
04 March 2020
EDS seeks funding for HC case on Mackenzie Country dairy conversionNEW ZEALAND - The Environmental Defence Society (EDS) is fighting a High Court appeal by Simons Pass Station Ltd regarding the consenting pathway for further expansion of intensive dairying in the Mackenzie Country....
28 February 2020
Fonterra reaffirms forecast farmgate milk price and earnings guidance, revises milk collectionsNEW ZEALAND - Fonterra Co-operative has reaffirmed its forecast Farmgate Milk Price range at $7.00-7.60 per kgMS and its forecast full-year underlying earnings guidance of 15-25 cents per share. ...
27 February 2020
New Zealand's a2 Milk says Chinese demand remains strong despite coronavirus fearsNew Zealand's a2 Milk Co Ltd on Thursday posted a 21 percent rise in half-year profit and said the coronavirus outbreak has so far had little impact on "strong" demand for its infant products in China, sending its shares soaring....
30 January 2020
Records All Round for Dairy, Meat ExportsNEW ZEALAND - The first four months of the 2019/20 dairy export season has set records, boosted by higher prices and volumes, according to a report by Stats NZ....
Fonterra Moves to Pellet Power at Te Awamutu Dairy PlantNEW ZEALAND - Fonterra has decided to take another step forward in its commitment to renewable energy as it announces that its Te Awamutu site will be coal-free next season. ...
14 January 2020
Fonterra Backs Young Farmers with MyMilk ExpansionNEW ZEALAND - Dairy co-operative Fonterra has announced plans to make it easier for more dairy farmers to get into their own farms, and to grow with the Co-op, by extending its MyMilk initiative to the North Island. ...
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