Fonterra is dropping its 2018-19 forecast payout by up to 50c/kgMS.

Stimulated by Fonterra posting a loss of $196 million, business analysts, academics and journalists have put forward their views on what is wrong with the cooperative and what is needed to sort it out. 

The Irish sure know how to throw a good party, as experienced last month at the National Ploughing Association event at Screggan, County Offaly, Ireland. 

The Global Dairy Trade (GDT) price index is at a two-year low, but there is some good news ahead, says Rabobank dairy analyst Emma Higgins.

Merino wool is “very much the talk of the town at the moment,” says PGG Wrightson South Island sales manager Dave Burridge.

Fonterra chairman John Monaghan says farmers are backing a performance review of all co-op investments.

Despite the unknowns of Brexit and the US-China trade war, New Zealand’s sheep and beef farmers are pretty bullish about the future.

Kiwi scientists are using a chemical fingerprinting technique to definitively and scientifically prove if a wine is really what it says on the bottle. 

The Global Dairy Trade had its eighth consecutive fall last week putting more downward pressure on Fonterra’s $6.75/kgMS milk price forecast, says BNZ senior economist Doug Steel.

A leading corporate farmer is blaming Fonterra’s board for the co-op’s financial debacle, saying the directors run a system of “cloned governance”.