Independent Waikato dairy company Tatua Cooperative has given its 114 suppliers a financial boost with a final payout of $7.10 per kilogram of milksolids for the 2014-15 season.

Eight Fonterra Shareholders Council members have been returned unopposed for another three-year term.

John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.

John Dawson, CEO of NZWSI, reports that the South Island sale this week saw a strong market with steady support.

Fonterra farmers are disappointed with the final payout of $4.65/kgMS for last season.

Fonterra expects to collect 5% less milk this season compared to last year.

Fonterra chief executive, Theo Spierings, says improved second half results in the 2015 financial year were driven by a strong focus on cash and costs.

Fonterra has lifted its 2015-16 forecast payout by 75 cents to $5.00 to $5.10/kgMS.

The farmgate milk price increases to $4.60 and the dividend payment remains at 40 to 50c/share.

Waikato Milking Systems is buying one of New Zealand's leading dairy effluent management solutions companies, Hi-Tech Enviro Solutions.

Oceania Dairy has announced they will supply farmers with a guaranteed minimum milk payout of $4.50/kgMS for the 2015-16 season.

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