Sir Henry van der Heyden has welcomed the resignation of the watchdog Shareholders' Council chairman, saying Simon Couper had "done the right thing by the co-operative".

UPDATE: Farmers have to "get on with it" and hope things improve in the face of falling milk payouts, Fonterra shareholders' council chairman says.

Dairy giant appoints Chris Caldwell as managing director for people, culture, services.

Dairy product prices fell for the third straight sale in Fonterra’s GlobalDairyTrade auction, hitting a new three-year low as China’s slowdown bites and euro-zone uncertainty.

Dairy giant appoints a second university chair, this time in Auckland, to investigate dairy nutrition.

All Black captain Richie McCaw is the “new face” of dairy giant Fonterra.