Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra Shareholders Council chairman, Ian Brown has been re-elected unopposed for a third term.
Brown is looking forward to leading the council for another 12 months. "I appreciate the support I continue to receive from councillors," he says.
The council has a new deputy chair; Duncan Coull was also elected unopposed and takes up his new role on July 29 for a 12 month term.
Coull was elected to the council in 2010 to represent the Otorohanga ward; he also serves as the chair of the council's representation committee.
He replaces Philip Palmer who is stepping down from the role after two terms.
Brown praised Palmer's contribution as deputy chair.
"Philip's support was incredibly valuable during what was a pivotal two years for the council and our cooperative and I thank him for his hard work and dedication.
"I now look forward to working with Duncan and am confident he will do a great job for the council as we continue to work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Dairy prices have jumped in the overnight Global Dairy Trade (GDT) auction, breaking a five-month negative streak.
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
A booklet produced in 2025 by the Rotoiti 15 trust, Department of Conservation and Scion – now part of the Bioeconomy Science Institute – aims to help people identify insect pests and diseases.
A Taranaki farmer and livestock agent who illegally swapped NAIT tags from cows infected with a bovine disease in an attempt to sell the cows has been fined $15,000.
Bill and Michelle Burgess had an eye-opening realisation when they produced the same with fewer cows.
It was love that first led Leah Prankerd to dairying. Decades later, it's her passion for the industry keeping her there, supporting, and inspiring farmers across the region.
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