Latest from Fonterra

Milk output surges despite low prices

Low world dairy prices aren't stopping the NZ industry - production was up 13pc last month from July last year.

Dairy prices keep rising

Whole milk powder prices, which are the key to determining Fonterra's farmgate milk price, rose by 12.1 per cent to an average US$2078 a tonne.

Fonterra auction tactic succeeds

Fonterra's move to cut the amount it sells on its global dairy auction appears to have worked.

John Wilson: Performance shows we got it right

Fonterra chairman John Wilson responds to criticism last week that Fonterra has been a failure.

Fonterra - the options for change

Created in 2001, Fonterra was heralded as an "icon of economic transformation", a "breakthrough idea", "helping NZ catch the knowledge wave".

Bank: Risk of recession has increased

Investment bank says there is a 25 to 30 per cent risk of New Zealand's economy going into recession in the next 12 months.

Increase in dairy prices give hope

Wholemilk powder prices rallied by 19.1 per cent at this morning's GlobalDairyTrade auction.

Dairy prices tipped to recover next year

Mortgagee sales rise by 50%

The number of mortgagee sales has jumped nationwide in the past quarter as worsening economic conditions and lower dairy payouts hit parts of provincial New Zealand.

Dairy price too low for Fonterra forecast

Milk powder prices will need to improve substantially before Fonterra's revised farmgate milk price of $3.85 per kg of milk solids can become a reality, say analysts.

Keith Woodford: Fonterra risks missing the boat, again

Fonterra lacks people who understand the impact of new and disruptive technologies, writes Keith Woodford.

Fonterra overshoot worsens farmer cash flows

Fonterra effectively overpaid farmers last year, sapping funds available to pay farmers at the end of the season.

How can one man be worth $4.18m?

Dairy farmer can't believe there are people in the industry being ''paid millions'' who have led farmers "up the garden path a bit".

Fonterra confident it will weather the storm

Fonterra chief executive Theo Spierings says farmers are "very strong and resilient" and he is confident low dairy prices will bounce back amidst market volatility.

'There is a crisis in dairy' says Little

Andrew Little says another bad season for dairy farmers could cause New Zealanders to lose some of the country's best agricultural land to offshore buyers.

Fran O'Sullivan: Interest-free loans softens payout hit

Much of the available loans it will offer will likely pass straight to banks to meet debt-servicing costs, writes Fran O'Sullivan.