Fonterra has increased is 2016/17 forecasted farmgate milk price by 15 cents to $6.15 per kilogram of milk solid. Chairman of Fonterra, John Wilson, said the increase reflects the strong fundamentals supporting...

Murray Goulburn is now paying an additional 15 cents more per kilogram of milk solids for its 2017 financial year Available Southern Milk Region Farmgate Milk Price (FMP). Its suppliers will now receive...

Dairy processing giant Murray Goulburn (MG) this week rattled its farmers again by declaring another low farmgate milk price, this time for its 2016/17 season. The dairy co-operative says it expects to...

New Zealand dairy Co-operative Fonterra has confirmed a total of 750 job losses to date as part of a business review.   The Co-operative had announced 523 job losses in July 2015 but have today revealed...

Fonterra has said that it will be reviewing its current 2010/11 payout forecast for milk due to a further drop in international dairy prices and a strong New Zealand dollar.The firm said today (4 August)...

Fonterra announced today that, as of September, their online globalDairyTrade milk auction events will run twice a month. “This will add more depth and credibility and even more transparency around pricing...

Fonterra continued to witness a decline in the average selling price for skim and whole milk powder during its latest auction event, the second fall in prices in two months. The New Zealand dairy giant...

New Zealand dairy giant Fonterra has increased the forecast of what it expects to pay its farmer-shareholders for the current season. The company said it now expects to pay NZ$6.90-7.10 (US$4.70-4.84)...