COMMENT: McGrathNicol business partners Andrew Grenfell and Conor McElhinneyrs talk about the flow-on effects of low dairy prices.

The Ministry for Primary Industries says it will take action against baby formula marketer Fernbaby if the company continues to make "therapeutic claims" about its products.

What's going on in dairy is fully explainable and virtually none of it is anyone's fault in this country. We've been here before with dairy and without a doubt we will be here again.

Dairy farm values are tumbling, according to data from the Real Estate Institute of NZ.

However, even the Reserve Bank's best case scenario sees farm prices fall by 20pc, while the worst case scenario would see a fall in land prices of 40pc.

A new strain of virus that could decrease the number of rabbits by 30 per cent is up for government approval.

World dairy prices went against market expectations and fell 2.9 per cent decline at the latest GlobalDairyTrade auction.

The South Island dairy processor will need to consider investing in expansion given the rapid growth of A2, analysts say.

Bank analyst has confidence in the sector's ability to adapt but says that some of those ill-prepared for the downturn will go to the wall.

State-owned Landcorp and China's Shanghai Pengxin Group - the company that bought the distressed Crafar farms in 2012 - are about to part company.

Environment Canterbury is standing by its decision not to fine or prosecute Chief Justice Dame Sian Elias and her businessman husband Hugh Fletcher after photos emerged of their cattle drinking out of a North Canterbury lake.

Dairy farmers are bracing themselves for still more falls in product prices at tomorrow's Global Dairy Trade auction.

Asia's biggest economy looks to limit manufacturers to three labels and impose stricter safety procedures.

Synlait Milk has revised its forecast milk price for the 2015 / 2016 season from $5.00 per kilogram to $4.20.

Banks say more heavily indebted New Zealand dairy farmers will be asked to sell up as non-performing loans increase.

Dairy Farms NZ - likely to list on the NZ stock exchange, has been given permission to buy up South Island farms.

El Nino is technically past its peak, but the true impact of the weather pattern looks likely to play out over the next few months.

Dairy prices finished the year on a slightly firmer note at this morning's GlobalDairyTrade auction, the GDT price index gaining by just 1.9 per cent.

Nearly 200 countries strike deal on how to combat climate change, but it's what the energy companies do next that could make or break the agreement.

Grabbing a bottle of milk from the supermarket was once a simple task.

Fonterra has maintained milk price at $4.60 per kilo, but scrapped a farmer support scheme.

Pressure is mounting on Fonterra to cut its farmgate milk price forecast at this week's board meeting, but it's looking like a close call.

Animal welfare group SAFE placed a graphic advertisement to shame NZ's dairy industry in the Guardian newspaper.

China is taking steps to genetically engineer its own food supply rather than growing it the boring old traditional way.

WATCH: Waikato farmer's impassioned defence of his fellow farmers following an expose on the "dark side of the farming industry".

MPI says an investigation into the alleged mistreatment of bobby calves had begun before news broke.

Investigator whose shocking video exposes cruelty in New Zealand's dairy industry says he was tipped off by concerned farmers.