Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The Te Rapa site in Hamilton, Kauri, Northland and Studholme, South Canterbury were the big winners in the co-operative’s 16th annual best site cup awards.
When it comes to processing milk, three Fonterra manufacturing sites stood out last season.
The Te Rapa site in Hamilton, Kauri, Northland and Studholme, South Canterbury were the big winners in the co-operative’s 16th annual best site cup awards.
Te Rapa secured the best large site cup through their commitment to sustainability, safety, consistent quality, productivity and compliance performance.
Kauri received the best medium site cup for the second year in a row.
The site was awarded for its quality and productivity, as well as sustained health and safety and sustainability performance.
Studholme took out the win for the best small site cup due to their performance across safety, compliance and sustainability.
Alan Van Der Nagel, Fonterra’s director of New Zealand manufacturing, says this year’s awards are the perfect way to recognise success on the back of a challenging year.
“On top of the tight Covid-19 conditions we’ve seen in recent years, sites also faced ongoing disruptions to staffing levels due to the Omicron outbreak.
“This was quite a challenge, but it was good to see teams putting their heads together and supporting each other to get the work done.
“Despite these challenges, our sites still managed to process up to 79 million litres of milk per day during our peak season.
“These awards are a great opportunity to recognise the hard work our manufacturing sites are doing.”
Awards were handed out in 17 categories.
Environment Award
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.
The black and white coat of Holstein- Friesian cows is globally recognised as a symbol of dairy farming and a defining trait of domestic cattle. But until recently, scientists didn’t know which genes were responsible for the Holstein’s spots.
According to the New Zealand Dairy Statistics 2024/25 report, New Zealand dairy farmers are achieving more with fewer cows.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
OPINION: Are the heydays of soaring global demand for butter over?