
Dairy prices post slight gain at auction
The 1.7 per cent gain at the latest GlobalDairyTrade was well short of market expectations.
The 1.7 per cent gain at the latest GlobalDairyTrade was well short of market expectations.
The majority of Fonterra's Edendale plant was back in operation and milk collections were back to normal.
Fonterra has commissioned a new $360million dryer at its Lichfield site in South Waikato, boosting daily milk processing capacity by more than 4million litres.
About 100 farmers in Otago and Southland were forced to dump milk over the weekend in the aftermath of the milk silo collapse at Fonterra's Edendale site.
Dairy farmers have endured one of their worst ever years, but Fonterra is set to report one of its best.
Fire service spokesman Steve Lee said an unspecified amount of milk had been spilt at the Edendale factory.
Emergency services are at the scene of incident involving a milk silo at Fonterra's Edendale plant.
There are eight important things to look out for in Fonterra's result.
Dairy farmers are facing an improved outlook but they remain cautious about where prices go from here.
Dom talks Global Dairy Trade with Fonterra's Head of Co-operative Affairs for the Central Districts region Dallen Olson.
Fonterra's Farm Source Chief Operating Officer reviews last night's positive Global Dairy Trade auction which resulted in a 7.7% increase.
World dairy prices put on their third significant gain in a row at the latest GlobalDairyTrade (GDT) auction overnight.
Signals are pointing to another mad rush for product at this week's GDT auction, according to ANZ rural economist Con Williams.
Signs look good for a further rise in global dairy prices - and maybe a return to profit.
Scott Walls updates us on what's happening with Fonterra in the Taranaki region.
There's a lot riding on Fonterra's financial results due out on September 22.
Fonterra chief executive Theo Spierings' challenge 'build windmills not walls' is galvanising the dairy co-operative.
News agency Bloomberg has taken a close look at Fonterra - see what it's telling the world about our dairy giant.
COMMENT: Growing competition in NZ dairy market means time is right to adopt growth focus.
Fall in farm conversions prompts interest in horticulture, honey and alternatives such as sheep milk.
Has dairy turned the corner? Latest price 'couldn't come at a better time'.
Dairy futures have rallied sharply, suggesting next week's world dairy auction will show a big rise.
Fonterra's Southland/Otago Head Mark Robinson chats to The Country Early Edition's Dom George about what's happening in his patch at the moment.
COMMENT: Our dairy industry is under serious stress, argues Tony Baldwin. Here's a way to fix the problem.
Fonterra's Chief Operating Officer for Farm Source reviews the latest GDT auction which resulted in a 6.6% rise in dairy commodity prices, while whole milk powder lifted 9.9%.
World dairy prices have shot higher at the latest GlobalDairyTrade auction, with the GDT price index gaining 6.6pc.
Cost cutting by farmers had helped to drag down Dairy NZ's break-even price to $5.05 per kg of milk solids from $5.25 previously.
Fonterra's chairman talks about today's announcement about the earnings per share forecast for the 2016-17 season and the farmgate milk price forecast remaining at $4.25.
The dairy giant has stuck with its farmgate milkprice of $4.25.
ASB Bank is punting on Fonterra leaving its 2016/7 farmgate milk price forecast unchanged at $4.25 a kg of milk solids.