Primary Sector
Explore the latest primary industry news by BusinessDesk.
Rising costs take the shine off high milk payout
Fonterra lifted the 2022-23 forecast farmgate milk price range to $8.75-$10.25 per kilogram of milk solids (kgMS) from $8.25-$9.75/kgMS.
Bubs steams ahead on US infant formula train
By mid-July, 361,299 cans of Bubs infant formula are expected to have been made available to major retailers in the US.
Fonterra lifts payout forecast, Wickham leaving after 34 years
Fonterra lifted the 2022-23 forecast farmgate milk price range by 50c to $8.75-$10.25 per kilogram of milk solids.
Dairy prices dip, but farm gate price lifts
A $10 milk price will be the first double-digit payout on record.
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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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