Listed Canterbury milk processor Synlait isn't ruling out more painful news for its shareholders this financial year.

A full rebalance of China’s dairy market is not expected in the near future, so dairy farmers in New Zealand and around the world will need to manage through more financial pain in the months ahead.

Dairy Attention remains laser-focussed on both supply and demand from China.

Winston Peters has castigated Fonterra for its performance in China and believes there could be more value added to the agriculture sector.

Troubled milk processor Synlait has been dealt another blow with cornerstone stakeholder a2 Milk Company (a2MC) giving notice to pull the plug on an exclusive manufacturing deal.

Climate change, record low farmer confidence and an avalanche of government-sponsored regulations dominated the inaugural Rural Issues Debate in Hamilton earlier this month.

Dairy prices rose for the second successive Global Dairy Trade (GDT) auction last week, but the jury is still out on whether prices have turned a corner.

China's slower than expected recovery from Covid-19 and an oversupply of Australian sheep meat is causing problems for NZ sheep farmers.

Fonterra says it will announce an on-farm emissions target (Scope 3 target) by the end of this year.

Fonterra has announced a final 2022-23 season farmgate milk price of $8.22/kgMS and a full-year dividend of 50c.