Con Williams

Further weakness in the latest global dairy auction has prompted economists to drop their forecast milk price from $6.75 to as low as $6.30

Further weakness in the latest global dairy auction has prompted economists to drop their forecast milk price from $6.75 to as low as $6.30

Weaker than expected prices at latest dairy auction suggest that Fonterra may be forced to drop its current milk price forecast of $6.75 for the current season; ASB economists remain bullish

Weaker than expected prices at latest dairy auction suggest that Fonterra may be forced to drop its current milk price forecast of $6.75 for the current season; ASB economists remain bullish

Aggressive buying for near term contracts sees Whole Milk Powder prices reverse some of their recent losses

Aggressive buying for near term contracts sees Whole Milk Powder prices reverse some of their recent losses

Run of six consecutive gains ended at GlobalDairyTrade auction; Whole Milk Powder prices disappoint with 3.3% fall

Run of six consecutive gains ended at GlobalDairyTrade auction; Whole Milk Powder prices disappoint with 3.3% fall

ANZ economists now pick an opening forecast milk price of $6.75 per kilogram of milk solids following the fifth consecutive rise of prices at the GlobalDairyTrade auction

ANZ economists now pick an opening forecast milk price of $6.75 per kilogram of milk solids following the fifth consecutive rise of prices at the GlobalDairyTrade auction

Economists see results at latest dairy auction as boding well for the milk price to farmers in the upcoming season; overnight overall dairy prices lifted 3.6%, while Whole Milk Powder gained 5.2%

Economists see results at latest dairy auction as boding well for the milk price to farmers in the upcoming season; overnight overall dairy prices lifted 3.6%, while Whole Milk Powder gained 5.2%

Results at the latest global dairy auction seen as pleasing given the extra milk powder coming on line; overall prices firmed 1.6% and the key Whole Milk Powder rose 2.4%

Results at the latest global dairy auction seen as pleasing given the extra milk powder coming on line; overall prices firmed 1.6% and the key Whole Milk Powder rose 2.4%

ANZ economist Con Williams argues forestry's long-term prospects depend on how the international carbon market develops

ANZ economist Con Williams argues forestry's long-term prospects depend on how the international carbon market develops

ANZ reduces its Fonterra 2016/17 milk price forecast, although it still remains above the co-operative's own forecast

ANZ reduces its Fonterra 2016/17 milk price forecast, although it still remains above the co-operative's own forecast

Whole Milk Powder price drops 3.7% as Fonterra makes more available for sale; economists still see likely increase in forecast milk price from Fonterra very soon

Whole Milk Powder price drops 3.7% as Fonterra makes more available for sale; economists still see likely increase in forecast milk price from Fonterra very soon

The bank economists who forecast a $6 milk price when such a figure looked outlandish have now raised their forecast - but have a warning for future years

The bank economists who forecast a $6 milk price when such a figure looked outlandish have now raised their forecast - but have a warning for future years

ANZ economists lift their milk price forecast to $6.25 compared with Fonterra's current forecast of $6 after further gains in global dairy prices

ANZ economists lift their milk price forecast to $6.25 compared with Fonterra's current forecast of $6 after further gains in global dairy prices

Prices of dairy products advance again after a surprising fall in the last auction; ANZ raises its milk forecast price for the season

Prices of dairy products advance again after a surprising fall in the last auction; ANZ raises its milk forecast price for the season

Prices of dairy products experience largest fall since January; 'cooling off period' seen

Prices of dairy products experience largest fall since January; 'cooling off period' seen

Prices of dairy products now at their highest levels in about a year-and-a-half, but the surging Kiwi dollar is taking some gloss off the gains

Prices of dairy products now at their highest levels in about a year-and-a-half, but the surging Kiwi dollar is taking some gloss off the gains

Some long overdue cheer for dairy farmers as dairy auction prices surge to their highest levels so far this year; ASB sticks with $6 milk price pick

Some long overdue cheer for dairy farmers as dairy auction prices surge to their highest levels so far this year; ASB sticks with $6 milk price pick

Fonterra says earnings per share this season may be in the 50c to 60c range, up from 45c to 55c in the past season

Fonterra says earnings per share this season may be in the 50c to 60c range, up from 45c to 55c in the past season

Dairy prices were flat at the global auction overnight, though the key Wholemilk Powder price rose by 1.9%

Dairy prices were flat at the global auction overnight, though the key Wholemilk Powder price rose by 1.9%

Another disappointing global dairy auction outcome keeps the pressure on farmers; ANZ economist says dairy prices remain 'precariously placed'

Another disappointing global dairy auction outcome keeps the pressure on farmers; ANZ economist says dairy prices remain 'precariously placed'

Fonterra leaves current season forecast price at $3.90; expects improvement in market conditions over new season but urges farmers to be cautious

Fonterra leaves current season forecast price at $3.90; expects improvement in market conditions over new season but urges farmers to be cautious

Global dairy prices dipped 2.9% in latest auction to seven-month low; key Wholemilk powder prices down 0.8%; very disappointing result against pre-auction expectations of a reasonable rise

Global dairy prices dipped 2.9% in latest auction to seven-month low; key Wholemilk powder prices down 0.8%; very disappointing result against pre-auction expectations of a reasonable rise

Gareth Vaughan looks at how the major rural lenders are placed as the screws tighten on the dairy sector

Gareth Vaughan looks at how the major rural lenders are placed as the screws tighten on the dairy sector

Economists slash forecasts for returns to farmers after another drop in global dairy prices overnight

Economists slash forecasts for returns to farmers after another drop in global dairy prices overnight

A weaker than expected rise in global dairy prices has left big question marks over the attainability of Fonterra's $4.60 milk price forecast

A weaker than expected rise in global dairy prices has left big question marks over the attainability of Fonterra's $4.60 milk price forecast

Questions remain about whether latest revival in dairy prices will be enough to enable Fonterra to meet its $4.60 per kilogram of milk solids payout price to farmers

Questions remain about whether latest revival in dairy prices will be enough to enable Fonterra to meet its $4.60 per kilogram of milk solids payout price to farmers