Fonterra lifts milk price forecast to $10.15/kgMS
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
Federated Farmers is saddened to see Simon Couper resign as Fonterra Shareholders Council chair, says Feds dairy chairman Willy Leferink.
"Simon is a man of honour and it speaks volumes that he stuck to his guns under what is an intense pressure cooker environment," says Leferink.
"That's something I know only too well. The lobbying is frankly unbelievable from all sides.
"Simon is a hard working and intelligent man who believes strongly in Fonterra as a 100% farmer controlled cooperative."
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
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Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
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