The world's largest global milk processor and dairy exporter wants to move into New Zealand's best new building in four years.

Prices of dairy products fell in Fonterra's latest GlobalDairyTrade auction - the first decline in four sales.

Units in the new Fonterra Shareholders Fund have debuted at $6.66 per unit - a $1.16 premium to their $5.50 issue price.

Fonterra said it had set its final price for units in the Fonterra Shareholders' Fund at $5.50 per unit - the top end of an indicative $4.60 to $5.50 range.

Prices of dairy products rose in the latest online dairy auction, the third straight gain.

Chinese interest in investing in Fonterra's Cooperative Group's shareholder fund was predictable, says the main farm lobby group.

News that New Zealand cows are being fed genetically modified soy and cottonseed meal has come as a shock to many consumers, writes Sue Kedgely.

Local scientists have devised an inventive way of identifying fake milk powder being sold on the international market as a New Zealand product.

"Substandard" NZ-made baby formula and milk powder is being rejected at China's border, raising concerns that media coverage could damage our reputation.

Fonterra has signed an agreement to develop two more large-scale dairy farms in China.

Fonterra has today released details of its $500 million public offer, which will be by far the biggest issue to hit the NZX this year when it lists on November 30.

World dairy prices rose 1.8 per cent in the latest overnight auction, with whole milk powder prices soaring 9.2 per cent.

Why is van der Heyden sticking around?

World dairy prices dipped in last nights online global dairy products auction.

NZ commodity prices rose for a second month in September, in the strongest monthly gain in a year and a half.