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Brett Worthington from the Australian Broadcasting Corporation on the Murray Darling Basin irrigation scandal and Murray Goulburn has announced its milk intake is less than expected. Audio
A rural economist says farmers could well be pocketing a farm-gate payout of six dollars a kilo of milk solids this season. Audio
Fonterra's move to boost its farm-gate forecast by 50 cents has been welcomed by farmers, with Federated Farmers saying it will help morale. Audio
Europe's milk production remaining high for a few years will mean hard times for New Zealand dairy farmers, the special agricultural trade envoy says.
Fonterra is expected to reveal a big profit rise today, but with dramatic falls in farmers' payouts, many in the dairy industry say something has to change.
Fonterra's latest forecast milk payout has just been released, positioning it squarely in line with the severe scenario painted by the Reserve Bank. The dairy cooperative has just announced it'll cut… Audio
International dairy prices will continue to rise but the rate and extent of the increases will slow, a dairy analyst says.
National Manager of Agriculture, BNZ. Audio
The overall average for dairy commodities in the Global Dairy Trade auction fell 10.7 percent to $US2082 per tonne. Audio
The forecast milk payout for next season is at risk of a cut after milk prices fell to their lowest level in about six years. Audio
Industry experts say the drop in Fonterra's forecast milk payout will take 7 billion dollars out of the economy. Audio
Fonterra will be watching the next two global dairy trade auctions to see whether its forecast for the farmgate milk price is on track at 5-dollars-30 per kilo of milk solids. Audio