Fonterra says it has completed the acquisition of a Saudi Arabian milk company.

Fonterra is in talks to buy out its partner in the Saudi Arabian milk and cheese market, Saudi New Zealand Milk Products.

Hanover Finance shareholders have been urged to put aside the company's poor performance and any animoisty towards its directors when they vote on the Alllied Farmers deal.

Half of Fonterra's farmers are expected to buy the additional shares being offered by from today, says Federated Farmers.

Milk powder prices on Fonterra's online trading auction have continued their upwards march.

Amnesty International is calling on Fonterra and the Government to condemn the executions of two people involved in the San Lu tainted milk powder scandal.

Nick Smith says he makes no apologies for using taxpayers' money to send two Iwi Leadership Group members to the upcoming climate talks in Copenhagen.

John Key warns farmers they reject a response to climate change at their peril - endangering their reputations, future incomes and the economy.

John Key urged farmers to be less agitated about the ETS and tackling climate change in an address to Federated Farmers today.

Fonterra's shareholders have approved the first stage of the dairy giant's capital restructuring plan.

Fonterra's increased milkfat payout will put an extra $110,000 into the bank account of the average dairy farmer.

Fonterra chief executive Andrew Ferrier said improving market conditions had been reflected in trading on Fonterra's globalDairyTrade online platform.

The higher Fonterra payout will be a major boost for regional economies.

Dairy juggernaut Fonterra has announced a payout increase to dairy farmers for the current season.

Fonterra is expected to announce an increase in its payout forecast to farmers early next week.

The price of milk powder climbing to a 13-month high in Fonterra's latest online auction.