Latest from Dairy

Fonterra cuts domestic milk prices
Dairy giant Fonterra will reduce its domestic milk price from the end of the month and the savings look likely to be passed on to consumers at supermarkets. Fonterra froze the wholesale milk price for New Zealand after a public outcry last year.

Trade deficit widens on oil, fertiliser imports
New Zealand's trade deficit widened in November as imports outstripped the pace of export growth.

Dairy keeps title as 2011 commodity king
The dairy industry has been a star performer for decades, but the time has come for others in the New Zealand family of commodities to share the limelight...

Fonterra says free milk for Northland primary schools
Dairy giant Fonterra has unveiled a pilot scheme to put free milk into Northland primary schools.

Dairy futures trading hits 10,000 mark
Trading in NZX dairy futures passed the 10,000-lot mark today for the first time. NZX says this milestone means the market is well on the way towards reaching critical mass.

No to Chinese Crafar sale, says Fay poll
A poll for the Michael Fay-led consortium trying to buy the Crafar farms shows an "overwhelming desire for the govt to stop in and stop the sale" to the would-be Chinese buyer, Pengxin International.

Dairy prices resume slide in latest auction - down 1.2pc
Average prices of dairy products resumed their slide in Fonterra's latest auction, the ninth decline in the past 10 sales and the first since the company cut its forecast 2012 payout.