Milk Prices
Fonterra makes surprise downgraded forecast
Fonterra has cut its forecast milk price by thirty-five cents to six-dollars-40 a kilogram of milk solids. The co-operative announced its downgraded forecast in a surprise late night statement to the… Audio
Dairy farmers relieved by milk price jump
The whole-milk powder price jumped nearly 20 percent at Fonterra's overnight auction, but dairy farmers say it is too soon to celebrate. Audio
AgriHQ raises milk price forecasts
Dairy industry analysts are raising their forecasts for the milk price payout this season. Audio
Dairy prices resume upward trend
Prices have risen in the global dairy auction overnight and are close to their highest since March last year.
Australian milk payouts set to drop
Australia's two largest milk processors have cut milk prices for the coming season to no more than $5 per kg.
Fonterra dragged into Australian election campaign
Australia's marathon election campaign has included claims New Zealand's Fonterra and Australia's major dairy co-op have been exploiting suppliers. Audio
New futures contract an improvement - PwC
A new fresh milk futures and options contract being launched today by the sharemarket operator, NZX, offers large and small dairy farmers a way to mange milk price volatility. Audio
NZX plans to launch fresh milk market contracts in May or June
The New Zealand sharemarket operator, NZX, says strong demand from farmers is behind its plan to launch fresh milk price futures and options contracts, in May or June. Audio
Global dairy prices drop overnight
International dairy prices have fallen in the latest auction, with New Zealand analysts pointing the finger at a "huge volume of milk" coming out of Europe.
Businesses feel effects of dairy drop - survey
A survey has found more than one in five small and medium-sized firms are feeling the effects of falling dairy prices.
Farmers react to drop in Fonterra Farmgate price
Fonterra has revised is forecast farmgate price for the 2015-2016 season ... it has dropped from $4.60 to $4.15 a kilogram of milk solids. Audio
Banks cut milk price forecast
Retail banks have cut their milk price forecasts for the current season after another fall in dairy prices.
Rough year for dairy farmers and rural communities
It's been a bumpy road for dairy commodity prices this year, but they've managed to have one small rise overnight in the last global dairy trade auction for 2015.
Fonterra sharemilker says he's now working for nothing
Fonterra has cut what it expects to pay dairy farmers to $3.85, a dollar fifty below the cost of production. Audio
Farmers warned to prepare for more milk cuts
National dairy industry body DairyNZ is warning farmers to prepare for further cuts to companies' already low milk price forecasts.
Fonterra job cuts: Challenging conditions
Falling global prices, an oversupply of milk and poor payouts have been taking a toll on the dairy giant.
Milk powder price drops sharply, eighth consecutive drop
The price of New Zealand's single biggest export, whole milk powder, has fallen again at auction overnight. Audio
Labour points finger over milk retail price
The Labour Party is taking aim at milk processors and retailers accusing them of creaming it while consumers pay more for their milk. Audio
Farmers will only ride out low milk prices if they pick up soon
One of New Zealand's biggest lenders to farmers is predicting that most will ride out low milk prices - but only if they pick up soon. Audio
Farmers bracing for another year of poor payouts for milk
Fonterra has announced its forecast farmgate milk prices for the next 12 months. It is expecting to pay farmers $5.25 a kilogram of milk solids. Audio