World dairy prices were up 2.4pc in the latest overnight auction.

Firm in dispute with Fonterra argues recall of some infant formula brands cost it the thick end of $326 million.

Hokitika dairy co-operative Westland Milk Products and Waikato's Tatua outperformed their far larger competitor, Fonterra, for farmer payouts over the 2012/13 year.

Fraud accused and failed Crafar farm bidders May Wang and Jack Chen want a two-week hearing in the High Court at Auckland closed to the public.

Fonterra said it was too early to say what the impact of last month's contamination scare would have on its earnings for the 2013/14 year.

Fonterra said its normalised earnings before interest and tax for 2012/13 came to $1 billion, down 3 per cent on the previous year.

Fonterra has once again raised its farmgate milk price for the 2013-14 season, this time by 50c to a record $8.30 per kg of milk solids.

Spreading effluent on dairy farms is set to become a lot more high-tech thanks to smartphone-based technology now available for New Zealand farmers.

Trade Minister Tim Groser says New Zealand is partway through a process of restoring its reputation in the world as a safe food producer after Fonterra's whey product contamination scare and subsequent product recall last month.

The residual impact of Fonterra's botulism false alarm may prove beneficial for alternative milk firm A2 Corporation.

An 11-year-old put Fonterra's light-proof milk bottles to the test.

Two Fonterra managers "on leave" as a result of the botulism scare are now awaiting a board review to find out their fate.

Fonterra chief executive Theo Spierings says he wasn't informed of the contamination event that led to the company's botulism fiasco quickly enough.

Fonterra has found reprocessing that occurred after plastic was found in whey protein at its Hautapu plant led to its recent contamination scare.

Last Wednesday, Fonterra bosses were heaving a collective sigh of relief, but as Fran O'Sullivan writes the clean-up from its dirty pipe debacle continues.

As the turmoil from the Fonterra whey product contamination scare starts to subside.

New Zealand has pushed Fonterra's case in meetings with the Sri Lankan government following a tumultuous month which saw the dairy giant temporarily shut down its Sri Lankan operations.