.The suspects were allegedly managing a company, which was packaging expired products of Fonterra in China.

Australia, like New Zealand, is facing sharply lower milk production because of a wetter-than-normal spring.

Two big banks have upgraded their farmgate milk price forecasts after a modest gain in product prices at the latest GlobalDairyTrade auction.

International dairy prices improved slightly at this morning's Global Dairy Trade auction, gaining by 1.4 per cent since the last sale early this month.

More kids are consuming at least the recommended minimum amount of dairy following the supply of a daily drink of milk in schools, new research has found.

Bad weather takes its toll on New Zealand milk production at a time when it should be hitting a seasonal peak.

Fonterra's strategy of shifting more milk, quicker, into the value-added side of the business is gaining momentum after getting off

The key change to the governance model will enable farmers to directly nominate their own choice for selection to the board.

The decline is the first in five auctions.

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

About 100 farmers in Otago and Southland were forced to dump milk over the weekend in the aftermath of the milk silo collapse at Fonterra's Edendale site.

Dairy farmers have endured one of their worst ever years, but Fonterra is set to report one of its best.

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.

Fonterra chief executive Theo Spierings' challenge 'build windmills not walls' is galvanising the dairy co-operative.

News agency Bloomberg has taken a close look at Fonterra - see what it's telling the world about our dairy giant.

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.