Latest from Dairy

Danone pins loss on ongoing fallout from Fonterra botulism scare
Danone Nutricia, the French-owned infant formula maker, has reported a full-year loss it attributes to the continuing effects of the Fonterra Co-operative Group's botulism scare in August 2013.

Danone Nutricia blames Fonterra for loss
Danone Nutricia has reported a full-year loss it attributes to ongoing fallout from the Fonterra botulism scare in 2013.

Synlait picks prices to rise next year
Rakaia-based Synlait Milk has issued a low farmgate milk price for the current season but managing director John Penno says he expects prices to start improving by early next year.

Primary sector leads trade contraction
New Zealand's wholesale trade shrank in the first three months of the year with a decline in goods derived from the primary sector leading the contraction.

Fonterra coy on management review
Is global consulting firm McKinsey reviewing management at Fonterra? Seems so, though Fonterra won't confirm it.

Low milk prices risk to banks
Two successive years of low milk prices will increase pressure on the asset quality of New Zealand banks, says ratings agency Fitch.

Sixth drop in a row for dairy prices
The yawning gap between supply and demand once again made its presence felt at the latest GlobalDairyTrade (GDT) auction.

Commodity prices fall again in May
The ANZ Commodity Price Index for May fell by 4.7pc, following April's 7.4 per cent decline.

Dairy Auction: Sixth successive decline
International dairy prices continued to fall as the market struggles to recover from a supply/demand imbalance and subdued demand from China.

Chief confident prices will rebound
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.

Brian Gaynor: IPO puts spotlight on Aussie dairy sector
Trust set-up raises issue of whether farmer shareholder and external investor interests in Fonterra are fully aligned.

Online Anchor ad says all lack calcium
An apology after an online Anchor promotion told everyone they needed more calcium.

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

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

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

New term for undiplomatic behaviour
Trade Minister Tim Groser said he was not aware his last name had been turned into a verb: "Grossing".

World dairy prices dip 2.2pc
There's been another fall in world dairy prices, with the GDT index down to its lowest level since August 2009.

Farm prices up despite dairy price drop
Farm prices have continued to rise, despite the near halving of milk prices over the past year, according to Real Estate Institute of New Zealand data.

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

Budget: Farming leader wants tax help
Farmers don't expect special treatment from this year's Budget, but some recognition of the impact that the drought has had on farm finances would be a welcome move.

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

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

Farmers may not get July payment
Fonterra farmers have been tipped to go without a "retro" payment in July as the co-operative rebalances.

Reserve Bank warning over dairy sector
Increased dairy farm foreclosures look likely if product prices remain weak, the Reserve Bank says in its latest financial stability report.