$NZ

Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows

Two major bank economists have lowered their milk price forecasts as dairy prices hover near two-year lows

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Fonterra's now signalling a farmgate milk price of $9.50 for the recently started season - which could be a new record

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Following what's set to be a record milk price for the season just finished, ASB economists think the new season could see the price hit double figures for the first time

Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares

Fonterra to provide up to $50 mln for buying back its own shares to combat a market 'undervaluing' its shares

Governor Adrian Orr tells Bloomberg it's a 'very plausible outcome' that the OCR isn't increased as high as the RBNZ forecasts

Governor Adrian Orr tells Bloomberg it's a 'very plausible outcome' that the OCR isn't increased as high as the RBNZ forecasts

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Fonterra is reporting lower earnings for the first nine months of the financial year in the face of margin pressures due to the high current milk price

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

Fonterra is now forecasting a farmgate milk price of between $9.10 and $9.50 - which will still be a record

Falling levels of milk production here and overseas should see milk prices start next season 'on the front foot', Westpac economists say

Falling levels of milk production here and overseas should see milk prices start next season 'on the front foot', Westpac economists say

Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products

Fonterra is to close its office in Moscow and relocate staff elsewhere; confident of finding alternative markets for dairy products

Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share

Dairy co-operative Fonterra maintains its 'mid-price' milk price forecast of $9.60 and forecast earnings of 25c to 35c a share

ANZ economists now forecast a milk price of $9.30 per kilogram of milk solids in the 2022-23 season and $9.70 for the current season

ANZ economists now forecast a milk price of $9.30 per kilogram of milk solids in the 2022-23 season and $9.70 for the current season

Low milk production in NZ and the impacts of the Ukraine war are likely to combine to keep upward pressure on dairy prices in the near term

Low milk production in NZ and the impacts of the Ukraine war are likely to combine to keep upward pressure on dairy prices in the near term

'Perfect storm' could see dairy prices continuing at close to record levels for some time yet

'Perfect storm' could see dairy prices continuing at close to record levels for some time yet

Westpac economists are now forecasting a 'windfall' for farmers and pick the Kiwi dollar will get down as low as US66c next year

Westpac economists are now forecasting a 'windfall' for farmers and pick the Kiwi dollar will get down as low as US66c next year

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure

Jarden head of research Arie Dekker says it is important for confidence and accountability that Fonterra gives 'some milestones and numbers for the next three years' before farmers vote on its capital structure