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![Prices surge at latest dairy auction](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Prices surge at latest dairy auction
Dairy prices spiked higher at this morning's GlobalDairyTrade (GDT) auction, the GDT price index gaining 9.4 per cent since the last sale on January 21.
![Farmers fear rough ride coming up](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Farmers fear rough ride coming up
Farmers are "battening down the hatches" as they prepare for a low dairy payout this year and as a full-scale drought approaches South Canterbury and North Otago.
![Prices rise at dairy auction](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Prices rise at dairy auction
Prices continued to improve at this morning’s GlobalDairyTrade auction, the GDT price index gaining 1 per cent since the last sale a fortnight ago.
![Fran O'Sullivan: White Gold Rush hits sticky patch](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fran O'Sullivan: White Gold Rush hits sticky patch
This will be the year in which New Zealand dairy farmers, companies, investors and their bankers will find themselves consumed by a crucial question - is the White Gold Rush finally over or will....
![Mercury soars as summer heat sets in](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Mercury soars as summer heat sets in
Summer is hitting full force, with temperatures rising above 27C north of Auckland and farmers bracing for drought.
![Confidence draining in key dairy regions](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Confidence draining in key dairy regions
Falling milk powder prices have hit consumers' economic confidence in the key dairy regions of Southland and the Waikato, says Westpac.
![Prices rise at latest dairy auction](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Prices rise at latest dairy auction
Dairy farmers were offered a respite from what has so far been a dismal season for prices after the GlobalDairyTrade index gained 3.6 per cent at the first auction for 2015.
![A farmer's battle with Nazi cows](/pf/resources/images/placeholders/placeholder_l.png?d=794)
A farmer's battle with Nazi cows
A farmer was forced to get rid of a type of cow that was bred by Hitler's scientists because the ultra-aggressive breed tried to kill staff.
![Farm and Treasury jitters at dairy price](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Farm and Treasury jitters at dairy price
Dairy farmers and the Treasury will be looking to 2015 and beyond with some trepidation after a 52 per cent decline in wholemilk powder prices over the past 12 months.
![Dairy prices improve at latest auction](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Dairy prices improve at latest auction
Dairy prices mostly improved at this morning’s GlobalDairyTrade auction, the GDT price index gaining 2.4 per cent.
![Dairy outlook still sound - Rabobank](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Dairy outlook still sound - Rabobank
The medium to long term outlook for NZ dairy farmers remains sound, despite yesterday's payout cut, says rural lender Rabobank.
![Fonterra launches 'mymilk' subsidiary](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra launches 'mymilk' subsidiary
Fonterra said it had launched a separate milk sourcing subsidiary - mymilk - to grow its market share in the South Island.
![Fonterra to cut costs as forecast falls](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra to cut costs as forecast falls
Fonterra plans to cut costs and defer some capital expenditure so that an improved dividend can at least partially offset a likely $6b decline in income for the sector.
![Fonterra cut to hit farmers](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra cut to hit farmers
The industry group DairyNZ estimates that one quarter of dairy farmers will have difficulty paying their bills if Fonterra's reduced farmgate milk price comes to pass.
![Fonterra slashes milk payout to $4.70](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra slashes milk payout to $4.70
Fonterra has this morning cut its forecast farmgate milk price payout to its farmers, with its chairman admitted it'll put pressure on farm budgets.
![ANZ admits misleading conduct, settles for $18.5m](/pf/resources/images/placeholders/placeholder_l.png?d=794)
ANZ admits misleading conduct, settles for $18.5m
ANZ has admitted misleading conduct over interest rate swaps and up to 178 farmers will now have to decide whether to accept their share of $18.5 million from the bank.
![NZ tractor sales hit decade high](/pf/resources/images/placeholders/placeholder_l.png?d=794)
NZ tractor sales hit decade high
Farmers have been increasing their spending on equipment as cash flows were boosted by Fonterra's record payout.
![Fonterra mulls equity partnership trust](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra mulls equity partnership trust
Fonterra says it had started a consultation process to gauge interest in a proposed equity partnership trust for its farmers.
![Grass will not cut it for cash cows](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Grass will not cut it for cash cows
The grass-only dairy farm model has become a thing of the past for New Zealand as farmers increasingly turn to supplementary feeds to increase their production.
![NZ tractor sales set to match record](/pf/resources/images/placeholders/placeholder_l.png?d=794)
NZ tractor sales set to match record
New Zealand tractor sales are expected to match record highs this year, thanks to high milk prices and good growing conditions.
![Fonterra payout cut looms as prices fall](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra payout cut looms as prices fall
Fonterra now looks certain to drop its farmgate payout to its farmers, after prices fell in the latest overnight dairy auction.
![Fonterra dividend too low, unitholder says](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Fonterra dividend too low, unitholder says
The Fonterra Shareholders' Fund should be able to raise its 2015 dividend forecast given it expects to pay farmers less for their milk.
![Open Country says expect reduced dairy payout](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Open Country says expect reduced dairy payout
Private dairy ingredient manufacturer Open Country Dairy has told its suppliers to expect a reduced payout in a range of $4.70 to $4.90 per kg of milksolids for 2014/5.
![Dairy auction gives hope to farmers](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Dairy auction gives hope to farmers
International dairy prices showed signs of stabilising at this morning’s GlobalDairyTrade auction.
![$150m cost to Fonterra](/pf/resources/images/placeholders/placeholder_l.png?d=794)
$150m cost to Fonterra
The head of Fonterra says the growing Ebola epidemic could cost the company $150 million.
![Dairy prices level off at latest auction](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Dairy prices level off at latest auction
World dairy prices showed signs of levelling off today with the GlobalDairyTrade price index gaining 1.4 per cent at the fortnightly auction.
![Southerners snapping up North farms](/pf/resources/images/placeholders/placeholder_l.png?d=794)
Southerners snapping up North farms
Farmers from southern provinces are moving to Northland to take advantage of the comparatively cheap dairy farms on offer there, according to real estate agency Bayleys.