Fonterra has this morning cut its forecast farmgate milk price payout to its farmers, with its chairman admitted it'll put pressure on farm budgets.

Neither Fonterra nor the Ministry for Primary Industries emerged unscathed in the final report on the botulism scare that rocked the New Zealand dairy industry last year.

There is one salient comment in the report by Queens Counsel Miriam Dean into the WPC80 incident that ought to give Fonterra's directors and shareholders cause for concern: "A company that is....

Fonterra's workplace culture showed an entrenched 'silo' mentality that robbed it of vital cohesion, a govt report into a botched botulism scare has found.

NZ farmers are facing summer water restrictions in some regions as an El Nino weather pattern develops.

Wholemilk powder prices continued to decline while other products showed signs of improvement at this morning’s GlobalDairyTrade auction.

ANZ's commodity price index fell for the ninth month in a row in November, as milk powder prices hit five-year lows.

Falling dairy prices have begun to undermine one of the foundations of the economic upswing, rising national income from the most favourable terms of trade.

Fonterra says it had started a consultation process to gauge interest in a proposed equity partnership trust for its farmers.

Global dairy markets have plummeted but New Zealand beef prices have continued to hit record highs, while sheepmeat prices have stayed firm, Rabobank says.

Dairy farmers should be able to weather a low payout for the current season, thanks to last year's record milk price, but two poor seasons in a row would put the sector under financial stress,....

New Zealand tractor sales are expected to match record highs this year, thanks to high milk prices and good growing conditions.

Fonterra now looks certain to drop its farmgate payout to its farmers, after prices fell in the latest overnight dairy auction.

John Key says major companies have been asked not to exploit the gap left by other countries' trade sanctions on Russia because to do so would be a "terrible look" for NZ.

The Fonterra Shareholders' Fund should be able to raise its 2015 dividend forecast given it expects to pay farmers less for their milk.

Fonterra Co-operative Group shareholders used their annual meeting in Palmerston North to raise concerns over the reduced 2015 milk payout.

International dairy prices showed signs of stabilising at this morning’s GlobalDairyTrade auction.

New Zealand commodity prices fell for the eighth consecutive month in October, to the lowest level since March last year.

Bank of New Zealand is watching dairy prices closely but has faith in farmers' ability to manage finances through dips in the commodities cycle, says chief executive Anthony Healy.

The head of Fonterra says the growing Ebola epidemic could cost the company $150 million.

Fonterra said it plans to build two new milk powder driers at its Studholme site in South Canterbury.

World dairy prices showed signs of levelling off today with the GlobalDairyTrade price index gaining 1.4 per cent at the fortnightly auction.

New Zealand's "rock star" economic growth of the past couple of years has been attributed to two things: high dairy prices and the Christchurch rebuild.

New Zealand commodity prices fell for a seventh consecutive month to an 18-month low in September, led by declining dairy prices.

Farmers are preparing for an austere 2014/15 season after a major drop in prices at last night's GlobalDairyTrade auction, says Federated Farmers boss.

Tatua, the small Waikato-based dairy co-operative, did well over the 2014/15 dairy season while its far bigger competitor, Fonterra, did not. The reason - powder.