Fonterra has signed an agreement to develop two more large-scale dairy farms in China.

Fonterra has today released details of its $500 million public offer, which will be by far the biggest issue to hit the NZX this year when it lists on November 30.

A battle between farmers and a genetics company over a hairy mutation in calves shows no signs of cooling down.

World dairy prices dipped in last nights online global dairy products auction.

New Zealand scientists have genetically engineered a cow that may be the first in the world to produce hypo-allergenic high-protein milk.

Fonterra said its net profit fell by 19 per cent to $624 million in the 2011-12 year to July 31.

A genetics company's refusal to pay compensation over calves who were born with a mutation could result in a "civil war" between farmers, says Federated Farmers.

World dairy prices were up again in the latest overnight auction, the fourth straight gain.

Dairy giants are coming under increasing pressure to reveal how much of a controversial "snot-like" by-product they put in their milk.

World dairy prices rose to the highest level since early April in last night's online auction, for the third straight gain.