Primary Sector
Explore the latest primary industry news by BusinessDesk.
Economy
Whole milk powder prices plunge in dairy auction
The whole milk powder price fell to its lowest level in about three years.
Fonterra engaging with Brazil's competition watchdog
Concerns touch on some but not all products in combined Lactalis and DPA portfolio.
Finance
Westpac lowers milk price forecast due to 'ongoing sluggishness' in Chinese market
The bank is now forecasting a milk price of $7.80 per kilogram of milk solids.
News in Brief
Fonterra shareholders approve capital return scheme
Fonterra shareholders approved the scheme of arrangement for the return of approximately $800 million of capital to shareholders.Of the total shareholder votes cast, 99.24% were in favour.In November 2022, Fonterra announced it had sold its Chilean Soprole business to Gloria Foo...
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Riley Kennedy
Journalist
Riley was the New Zealand Shareholders Association emerging journalist of the year in 2022. His journalism experience includes more than a year as a business specialist at the Otago Daily Times. He has a diploma in journalism from Wintec.
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