Australia's largest dairy farm could change hands before Christmas.

Better dairy trade between key economies by tariff elimination would reduce volatility in global dairy prices, says Fonterra chairman John Wilson.

The TPP outcome for dairy is a "big disappointment", says Dairy Companies Association of NZ (DCANZ) chairman Malcom Bailey.

Global Dairy Trade prices are coming back relatively quickly and Fonterra expects whole milk powder prices to keep climbing over the next six months, says Fonterra chairman John Wilson.

The US dairy interests will realise within five to 10 years they got it wrong by opposing dairy tariff removal in the Trans Pacific Partnership (TPP) negotiations, says Fonterra chairman John Wilson.

New Zealand Wool Services International CEO John Dawson says the strengthened New Zealand dollar has negatively impacted at this week's South Island sale with most types easing in local terms.

Former farm manager Michael James Whitelock was been jailed for 4 and a half years and disqualified from owning animals for 10 years after pleading guilty to animal cruelty.

Whole-farm soil testing saves Taranaki farmer Hayden Lawrence about $15,000 on fertiliser each year.

The latest Global Dairy Trade (GDT) auction has delivered more good new for dairy farmers.

Fonterra and the Dairy Companies Association of New Zealand (DCANZ) heads are both disappointed in the Trans Pacific Partnership (TPP) agreement on dairy but there are "useful gains".

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