The Fonterra Cooperative Support ‘loan’ to be made available to shared-up farmers shows the co-op is optimistic prices will come back, Fonterra chairman John Wilson says.

Fonterra is brushing off calls to suspend its online dairy auction as a means of arresting the decline in milk powder prices.

Fonterra has announced a reduced farmgate milk price to $3.85/kgMS plus a 40-50 cent dividend per share for the 2015/16 season.

Fonterra staff could be facing another wave of job cuts next month.

A bad day for the dairy industry has just got worse for 523 Fonterra employees.

There was a royal touch at the opening of Fonterra’s latest joint venture overseas.

Will the acceptance of a pay cut by Fonterra boss Theo Spierings solve the dairy industry’s problems? as suggested by Labour primary industries spokesmen Damien O’Connor.

Fonterra has started consulting staff on proposals to streamline its business. The co-op is likely to shed hundreds of jobs as part of the review.

The hound reckons Labour’s agriculture spokesman Damien O’Connor may be treading on thin ice in calling for Fonterra chief executive Theo Spierings to take a pay cut due to poor performance of the dairy co-op.

Spin and corporate drivel are not the way to connect with dairy farmers who are going through tough times.