Allan Crafar remains on family land, 11 days after receivers set a deadline for him to leave.

New Zealand's $26 billion agriculture sector will soon feel the squeeze from lower-cost foreign competition.

Allan Crafar remains on his family farm in the Waikato, a week after the deadline expired for him to vacate the land.

Chinese-backed interests are reported to also be looking at up to 100 dairy farms in Otago and Southland, plus a factory.

Former dairy farmer Allan Crafar says he has been living in 'hell' since receivers took over his family company.

Fran O'Sullivan notes a contradiction emerging in the utterings of Fonterra on the one hand, and Federated Farmers on the other.

Allan Crafar, whose farms are in receivership owing $200m, says: "I've had a gutsful."

Fonterra fears its profits and market share will both take a hit if it doesn't forge ahead with planned changes to its business.

Fonterra shareholders will be able to invest in shares up two times their annual production rate, almost double that of current rates.

Fonterra has revealed details of its plan for dairy farmers to trade shares amongst themselves.