The Commerce Commission has updated the framework for the annual base milk price, to conduct two separate reviews each dairy season, instead of one.

The regime ensures Fonterra pays enough for farmers' milk - but not so high it discourages new processors entering the market.

>> More Rural News

Other Rural News

25 Nov: Fonterra still expects most dairy farmers to break even this season

23 Nov: Calls for farmers to get on top of worm treatment for their dogs - to stop the spread of C-ovis or sheep measles

31 Oct: Chris Luxon is defending Fonterra farmers, who've faced a scathing critique from Winston Peters

30 Oct: There are no guarantees Anchor, Mainland and Kapiti products will always be made with New Zealand dairy

30 Oct: Plenty at stake for Fonterra farmers, as they weigh up whether to sell the co-op's consumer brands

24 Oct: A senior analyst believes the sale of Fonterra's brands wouldn't be just a short term sugar hit

24 Oct: A belief the sale of Fonterra will benefit the sectors adjacent to the farming industry

Top Stories

RUGBY
Controversy has preceded India's winning goal in their 3-2 victory over the New Zealand men at hockey's Azlan Shah Cup in Malaysia More...

BUSINESS
The real estate sector expects a gentle lift in market activity and prices More...

Today's News

Entertainment:
Hulk Hogan's son has hinted he could follow in his father's footsteps by forging a WWE career 8:38

International:
Putin says US plan could be 'basis' for end to Ukraine war, but threatens to take land 8:17

Living & Travel:
Aucklanders are called to plan ahead for this weekend's Santa Parade 8:17

Entertainment:
Liam Payne's sister says missing her late brother is "now part of breathing" 8:08

Business:
The real estate sector expects a gentle lift in market activity and prices 8:07

International:
The flashpoints leading the US and Venezuela to the brink of a conflict decades in the making 7:57

Environment:
Practising in the event of another large earthquake in Manawatu-Whanganui 7:57

Business:
Cybersecurity experts warn Kiwis not to get caught up in Black Friday madness 7:47

Hockey:
Controversy has preceded India's winning goal in their 3-2 victory over the New Zealand men at hockey's Azlan Shah Cup in Malaysia 7:47

Living & Travel:
Christchurch's Mayor is set on getting the National Mount Erebus Memorial built as soon as possible 7:47

News Search

Power Search