Fonterra is unwinding its Australian dairy joint venture with troubled Chinese infant formula group Beingmate.
A dairy industry mandatory code is essential to prevent processors from reinstating unfair terms into their contracts.
The former boss of one-time dairy giant Murray Goulburn has copped $200,000 in penalties after admitting the company lied about a likely payment to farmers for the 2016 season.
Too many big household names in the food supply chain have been caught flat-footed by rapid changes in consumer habits
Seednet has been slugged with a million dollar penalty for making misleading claims about its Compass barley variety.
The Federal Court has punished Murray Goulburn managing director for making false or misleading claims on farmgate milk price expectations