Primary Sector
Explore the latest primary industry news by BusinessDesk.
Jarden cautious on Fonterra units
A Jarden analysis says Fonterra Shareholders' Fund units are enjoying supernormal profits from non-reference products at the same time that whole milk powder prices are still at solid levels.
Finance
Fonterra increases forecast earning; decreases forecast milk collections
The dairy company announced this morning that it had revised its 2023 forecast earning guidance to 45 to 60 cents per share, up from 30 to 45 per share.
Investments
'Highly unusual': buyer defaults on Maui deal to exit Freshmax
The buyer for Maui's share of Freshmax has failed to get financing, director Paul Chrystall says.
Finance
Analysts: NZ dairy sector to benefit 'really positively' this season
Strengthening demand resulted in a 4.9% increase in the overall Global Dairy Trade index earlier this week.
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Riley Kennedy
Journalist
Riley won the Dairy NZ Industry Award at the NZ Guild of Agricultural Journalists and Communicators Awards in 2024. He 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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