More falls in dairy prices are expected in the next few months, but futures market pricing suggests a mild bounce-back might take place at tomorrow's GlobalDairyTrade auction.

Opposition parties have labelled Fonterra chief executive Theo Spierings' $4.18m salary as "absurd".

Fonterra chairman John Wilson says he knows farmers are increasingly anxious about low farm-gate milk prices.

Media were told that hundreds of Fonterra jobs were to be axed, hours before staff heard the news.

Fonterra management had no choice but to restructure, writes Liam Dann. But it is cosmetic surgery for a patient that requires much more fundamental medical attention.

Highly-paid head office managers are expected to be in Fonterra's sights as it slashes hundreds of administrative jobs to cope with falling global milk prices.

Market analysts and dairy industry players say Fonterra needs to improve its performance and while job cuts are unfortunate, big changes are required.

Fonterra says it will lay off hundreds of its 1500 head office staff in a major review following the decline in dairy prices.

Danone Nutricia has reported a full-year loss it attributes to ongoing fallout from the Fonterra botulism scare in 2013.

Is global consulting firm McKinsey reviewing management at Fonterra? Seems so, though Fonterra won't confirm it.

The sale of Lochinver station to Chinese interests spearheaded by Shanghai Pengxin reignited concerns about farm sales to foreigners during the election campaign.

The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.

The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.

International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.

The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.

Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.

Next season's average farmer income will drop by $150,000 based on Fonterra's $5.25 per kg forecast, says DairyNZ.

Fonterra's cut its payout forecast by 10c to $4.40 a kilo of milk solids and says it expects to pay out $5.25 a kilo for next season.

Fran O'Sullivan asks, when is enough enough when it comes to Chinese investment in the New Zealand dairy sector?

A slump in dairy exports weighed on the trade balance last month.

It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.

There's been another fall in world dairy prices, with the GDT index down to its lowest level since August 2009.

The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.

Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.

Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.

Fonterra farmers have been tipped to go without a "retro" payment in July as the co-operative rebalances.

The Reserve Bank has singled out the New Zealand dairy sector as an "area of risk" for the financial system.

Fonterra will late this month release its milk price forecast for 2015/16 and indications are that it will be towards the lower end of market expectations.