Dairy farmers are welcoming the latest cut in the official cash rate.

Fonterra is brushing off calls to suspend its online dairy auction as a means of arresting the decline in milk powder prices.

The latest drop in the Global Dairy Trade price index will impact many farmers carrying a lot of debt, says DairyNZ chairman John Luxton.

Well-known Southland engineering identity Des James recently died after a long illness.

Leading a discussion after the Groves and Lincoln presentations, DairyNZ consulting officer Caleb Strowger asked what is being retained, reduced, deferred or removed from budgets this season.

Jittters over the Chinese stock market were behind the 10.7% drop in the overall Global Dairy Trade price index last week, giving some hope of a minor bounceback, says one economist.

The news that Fonterra is to hire international consulting firm McKinsey & Co to see what needs to be changed in the organisation is breathtaking.

We've heard the disappointing news on payout levels. Fonterra has updated its milksolids price down to $4.40 for this past season.

The first major commercial release of dung beetles to New Zealand farms will occur this spring, says Dung Beetles Innovations co-founder Shaun Forgie.

Fonterra is expecting milk production worldwide to slow as the low price makes it unsustainable to milk cows.