Tatua Co-op dairy payout drops to $6.30 a kg, but is still well ahead of its larger competitors like Fonterra.

COMMENT: It is still too early for Fonterra's top brass to perform a victory roll.

The new model allows farmers to directly nominate their choice for selection to the board.

Fonterra said its net profit shot 65 per cent higher to $834 million for the 2015/6 year.

The outlook for dairy farmers has turned positive after Fonterra raised its farm gate milk price for the second time in less than a month.

The raised milk price forecast of $5.25 per kilo of milksolids is past the estimated break-even and will be good news for farmers.

The 1.7 per cent gain at the latest GlobalDairyTrade was well short of market expectations.

South Waikato mayor Neil Sinclair likens growing the economy of a rural region to deep sea fishing: "You have your line, your hooks

Fire service spokesman Steve Lee said an unspecified amount of milk had been spilt at the Edendale factory.

Emergency services are at the scene of incident involving a milk silo at Fonterra's Edendale plant.

There are eight important things to look out for in Fonterra's result.

Dairy farmers are facing an improved outlook but they remain cautious about where prices go from here.

The farmers ended up supplying Fonterra after it bought a failed Canterbury dairy business out of receivership.

World dairy prices put on their third significant gain in a row at the latest GlobalDairyTrade (GDT) auction overnight.

Signals are pointing to another mad rush for product at this week's GDT auction, according to ANZ rural economist Con Williams.

Signs look good for a further rise in global dairy prices - and maybe a return to profit.

There's a lot riding on Fonterra's financial results due out on September 22.

New Zealand must cling hard to its co-operative dairy structure in the face of huge change in the global market and competition from

Fonterra has raised its farmgate milk price forecast by 50 cents to $4.75 per kg of milksolids.

COMMENT: Growing competition in NZ dairy market means time is right to adopt growth focus.

Fall in farm conversions prompts interest in horticulture, honey and alternatives such as sheep milk.

Think about Rio and the swimming pool. Take out the water. Replace it with good, grass-fed New Zealand milk. Do that with three

Has dairy turned the corner? Latest price 'couldn't come at a better time'.

Fire crews and Fonterra staff are cleaning up after two hazardous cleaning agents spilled at a plant overnight.

Dairy futures have rallied sharply, suggesting next week's world dairy auction will show a big rise.

COMMENT: Our dairy industry is under serious stress, argues Tony Baldwin. Here's a way to fix the problem.

World dairy prices have shot higher at the latest GlobalDairyTrade auction, with the GDT price index gaining 6.6pc.

Cost cutting by farmers had helped to drag down Dairy NZ's break-even price to $5.05 per kg of milk solids from $5.25 previously.

The dairy giant has stuck with its farmgate milkprice of $4.25.