The first Global Dairy Trade (GDT) auction for the new season delivered underwhelming results last week.

The country's second largest milk processor has slashed its forecast milk price range for the last third of this season by 50c.

Plunging global dairy prices and rising input costs are forcing some farms into negative cash flow, according to Federated Farmers dairy chair Richard McIntyre.

The A2 Milk Company (a2MC) says returning its Southland-based Mataura Valley Milk (MVM) plant to profitability remains a key strategic focus.

Fonterra veteran Kelvin Wickham remembers the tough days when he was out in new overseas markets trying to flog off surplus milk.

China's weak economic activity is weighing in on global dairy prices.

Focus on market fundamentals and not the fortnightly Global Dairy Trade (GDT) moves, says ASB economist Nat Keall.

A record milk payout for this season remains on the cards - but breaking the $10/kgMS ceiling will be a stretch.

A surprise dip in global dairy prices last week won't affect a record milk price locked in for this season, says ASB economist Nat Keall.

Global dairy prices continue to break records.