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.

An apology after an online Anchor promotion told everyone they needed more calcium.

Dairy farmers face two successive years of below-break-even payouts after Fonterra issued its forecast for 2015/16 yesterday.

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?

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.

Shareholders in Australian dairy co-operative Murray Goulburn (MG) have voted in favour of a Fonterra-style capital structure that will see its units trade on the ASX.

New Zealand commodity prices had their biggest decline since the height of the global financial crisis in 2008, led by falling dairy product prices.

Fonterra has fallen into line with market expectations after oversupply and extreme volatility on world dairy markets prompted the co-operative to once again lower its farmgate milk price.

The price of Fonterra Shareholders' Fund units fell to their lowest point since listing after the latest GlobalDairyTrade auction registered another fall in product prices.

International dairy prices fell for the third time in a row at this morning’s GlobalDairyTrade auction.

Fonterra says its milk collection in New Zealand for the 10 months to March 31 reached 1431 million kg of milk solids - 1 per cent higher than for the same period last season.

International dairy prices look likely to head lower at this week's GlobalDairyTrade auction, according to futures market pricing.

Units in the Fonterra Shareholders' Fund fell to their lowest point since listing on the NZX in 2012 on the back of growing farmer and investor unrest.

Dairy product prices declined in the latest GlobalDairyTrade auction, led by a slump in prices for butter milk powder and whole milk powder.