Fonterra will update its farmgate milk price and reveal earnings per share forecasts for 2016/17 on Monday.

Head of Co-operative affairs for Fonterra in Northland Eric Morrison caught up with The Country Early Edition's Dom George today.

A gain in whole milk powder offset a fall for most other products in the latest overnight dairy auction.

Farm prices are on the way down, led by an 18 per cent decline in the dairy sector over the past 12 months.

Fonterra's Head of Co-operative Affairs for the Taranaki region Scott Walls catches up with The Country Early Edition's Dom George

International dairy prices edged down at the latest GlobalDairyTrade auction, the GDT price index falling by 0.4 per cent since the previous sale last month.

Fonterra's Head of co-operative affairs in Canterbury discusses the implications of Brexit for the dairy giant and the industry as a whole with The Country Early Edition's Dom George.

As the dairy co-op tries to sell infant formula to Chinese parents, it's playing catch-up with competitors who got there first.

Dairy prices kicked off the new season on a strong note, with gains driving the GDT price index up 3.4 per cent.

Hopes are running high that the first GlobalDairyTrade (GDT) auction for 2016/17 will show an improvement in dairy prices.

Fonterra's moved quickly to reject Australian media reports that Spierings is preparing to step down.

The milk price of $4.25 per kg remains well below DairyNZ's $5.25 per kg estimate of breakeven.

Australian dairy farmers want the government's help in gaining security around milk prices.

It's not only NZ dairy farmers unhappy about farm gate prices.

Dairy prices ended the 2015/6 season on a firm note with the GlobalDairyTrade price index rising by 2.6 per cent at this morning's auction.

Dairy prices should start improving 'in the medium term'.

Fonterra's farmer shareholders will vote next month on whether to accept governance changes to trim the board.

Dairy prices fell at the Global Dairy Trade auction overnight.

Dairy prices continued to firm at the latest GlobalDairyTrade auction, with the GDT price index gaining 3.8 per cent driven mostly by a big gain in whole milk powder prices.

Fonterra has continued to lose farmers to its competitors, based on latest production data.

Fonterra's first draft of suggested changes to its governance structure recommends the board's size be cut from 13 to 11.

Fonterra's first draft of its recommendations on the size and makeup of its board will be made public tomorrow.

NZX's planned new milk price futures contract can help bring stability to a dairy sector being hit by low returns, says visiting specialist Brian Rice.

"Pleasant surprise" at global dairy auction.

Fonterra could let farmer shareholders sell shares based on annual milk production to reduce debt, analysts say.

The NZX is expected to announce plans for a new milk futures contract tomorrow, which will be aimed at picking up where Fonterra's controversial guaranteed milk price scheme left off.

Fonterra stole the show during last month's sentencing of 1080 blackmailer Jeremy Kerr.

'We are grinning and bearing it." That's how Taranaki sharemilker Charlie McCaig describes how he and his wife Jody are faring with a milk price.

Fonterra's increased dividend payment isn't enough for most farmers to pay their interest bill, says Jacqueline Rowarth.