The dollar rose even after dairy product prices unexpectedly fell in the latest GlobalDairyTrade auction.

International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.

The kiwi touched 70.65 US cents in an illiquid market yesterday, its lowest level since August 2010.

The next eight months will be lean for dairy farmers but Rabobank NZ chief Ben Russell says he is confident the downturn will be cyclical and one most farmers can cope with.

Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.

An apology after an online Anchor promotion told everyone they needed more calcium.

The dollar dropped to its lowest in more than four years on concern about the outlook for the economy.

Next season's average farmer income will drop by $150,000 based on Fonterra's $5.25 per kg forecast, says DairyNZ.

Dairy farmers face two successive years of below-break-even payouts after Fonterra issued its forecast for 2015/16 yesterday.

A slump in dairy exports weighed on the trade balance last month.

It's crunch time for dairy farmers this week when Fonterra releases its farmgate milk price forecast for the coming 2015/16 season.

There's been another fall in world dairy prices, with the GDT index down to its lowest level since August 2009.

The last GlobalDairyTrade auction for the season is tomorrow and dairy analysts say indications are that prices may be about to bottom out.

Farm prices have continued to rise, despite the near halving of milk prices over the last year, according to REINZ.

Fonterra's strategy has to start delivering or its market share will shrink further, says Federated Farmers Otago dairy chairman Stephen Crawford.

Police scientists are still poring over samples to identify who was behind threats to contaminate infant formula with 1080 poison.

Fonterra farmers have been tipped to go without a "retro" payment in July as the co-operative rebalances.

Shareholders in Australian dairy co-operative Murray Goulburn (MG) have voted in favour of a Fonterra-style capital structure that will see its units trade on the ASX.

Tim Groser's warning that the dairy sector would effectively have to guts it out during a period of low milk payouts was timely.

International dairy prices fell for the fourth time in a row at this morning's GlobalDairyTrade auction.

New Zealand commodity prices had their biggest decline since the height of the global financial crisis in 2008, led by falling dairy product prices.

Fonterra has fallen into line with market expectations after oversupply and extreme volatility on world dairy markets prompted the co-operative to once again lower its farmgate milk price.

The price of Fonterra Shareholders' Fund units fell to their lowest point since listing after the latest GlobalDairyTrade auction registered another fall in product prices.

International dairy prices fell for the third time in a row at this morning’s GlobalDairyTrade auction.