Dr Tim Mackle, chief executive of DairyNZ, warns of the challenges ahead for New Zealand dairying.

A takeover bid by Singapore-listed Olam International for NZ Farming Systems Uruguay may struggle to get much more than 50.1 per cent.

Landcorp has been unsuccessful in its bid for the Crafar dairy farm empire, receivers say. But it is unclear who has won the race to buy the farms.

A farmer wants TrustPower to check its lines after eight cows died when a 33kV line dropped on his farm.

Crafars say receivers have "substantially mismanaged" their farms and the sale process and were called in without any prior warning.

The Crafar bid to seek an injunction stopping the sale of their dairy empire by receivers appears to have been called off.

Receivers for the Crafar dairy empire say the request for an injunction stopping the sale is 'unfortunate' and without merit.

Allan Crafar is being uncharacteristically coy about whether he’s been able to come up with money needed to settle his debts, despite earlier assurances that he would.