Westpac is forecasting a Fonterra farmgate milk price of $4 this season and $4.60 in 2016/17.

Fonterra has upped production of lactoferrin - a special, high-value protein known in the industry as "pink gold" - at its Hautapu plant, near Cambridge.

Dairy prices are expected to weaken again by up to 10 per cent at this week's global dairy auction as market continues to suffer from over-production.

Fonterra's latest farmgate milk price forecast is already under downward pressure after dairy prices fell for the third time in a row at this morning's GlobalDairyTrade auction.

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

Fonterra's multi-million dollar stoush with food giant Danone is due to be fought behind closed doors in Singapore next week

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

Fonterra posed the question of whether a board stacked with farmers has the right skills to drive a global business.

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

Fonterra chief executive Theo Spierings said more pain lies ahead for farmers as dairy prices continue to weaken and as oil prices plummet.

Futures pricing is pointing to dairy prices flattening at tomorrow's GlobalDairyTrade auction as the sector continues to grapple with the same issues that held sway last year - oversupply and low....

New Zealand's second largest dairy processor has reduced its milk payout by 30 cents to an average price of between $4.00-$4.30 per kilogramme.

From the flag debate to the outrage surrounding the TPPA, this year the government was at the centre of the country's three biggest PR challenges.

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.

A series of recommendations have been made to overhaul the dairy sector after a system investigation sparked by the botulism scare.

The Reserve Bank has warned defaults on dairy loans will be likely as cash-flow shortage estimated at $1/kgMS.

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

'Is our dairy industry built on cruelty?" That was the question posed by TVNZ's Sunday programme which broadcast evidence covertly filmed by FarmWatch and Safe activists.

Fonterra has signed a deal with an Australian infant formula plant.

Fonterra's board and top management faced a tetchy reception at the annual meeting from shareholders looking at two straight years of low milk prices.

Fonterra has affirmed its guidance for the 2016 milk payout to farmers, although chairman John Wilson said it was dependent on next year's global dairy prices.

International dairy prices are at a "particularly bad" part of the cycle, but are expected to improve substantially in the first half of next year.

Dissidents want to trim the dairy giant's board - is it just a bid to lift performance, or a sign of deeper political tensions?

The August-September price bubble has popped, according to a dairy broker.

An improved financial performance from Fonterra over the first quarter is serving to at least partly counterbalance a decline in global dairy prices.

There's some good news from the dairy sector today, with Fonterra saying its financial performance is improving.