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Fonterra confirms it is on track for record payout
Dairy giant Fonterra says strong international markets mean this season is shaping up as one of the best ever for returns to its farmer owners.
Dairy prices fall 8.2pc in overnight auction
Prices in Fonterra's latest online auction have fallen 8.2 per cent.
Fonterra specialists help Christchurch recovery teams
Specially trained staff from Fonterra have joined the recovery effort in Christchurch city centre.
Fonterra's Ferrier stepping down as CEO
The search is on for a new chief executive at Fonterra, with the announcement that Andrew Ferrier is stepping down from the job.
Fonterra increases milk payout - $10b coming to farmers
Fonterra is increasing its forecast payout for the current season by 60 cents per kilo of milksolids. This means an average payout of around $1 million to its farmers shareholders.
Carter rules out intervention on milk prices
Agriculture Minister David Carter has ruled out government intervention to keep milk prices down, saying high international prices will benefit the New Zealand economy.
Picking top of Fonterra's auction price proves tricky
Prices in Fonterra's latest online auction have been pushed to record levels but recent volatility means picking the top of the cycle is proving tricky.
Milk prices frozen for rest of year
Freeze comes a day after the Government ordered a review of whether the local market was working well for consumers.