Tuesday, 21 January 2020 12:55

Co-ops help young farmers gain a foothold in dairying

Written by  Staff Reporters
Farm Source director Richard Allen (right) with the Moore family. Farm Source director Richard Allen (right) with the Moore family.

Fonterra is extending its MyMilk initiative to the North Island aiming to make it easier for more dairy farmers to get into their own farms, and to grow with the co-op.

MyMilk provides a pathway into the co-op, by allowing farmers to supply MyMilk for up to five years without buying shares. It’s great for farmers who aren’t currently Fonterra suppliers, but want to be a part of the New Zealand cooperative story. 

“Fonterra’s been looking at ways to make it easier for farmers to join and grow in the co-op, ensuring our co-op is strong for generations to come,” says Farm Source group director, Richard Allen.

“One way has been through MyMilk, a Fonterra-backed company that’s helping young and new farmers establish a foothold in the industry and ultimately take a stake in Fonterra.

“After five successful years in the South Island, we’re extending MyMilk across the North Island to allow more farmers, especially young farmers, the chance to purchase their own farm and join the co-op. We’re also extending the initiative to help existing Fonterra farmers looking to grow through purchasing another Fonterra farm.”

For young Southland farmers Don and Jess Moore, MyMilk has opened up an opportunity once beyond their reach.

“We’ve always wanted to be Fonterra suppliers,” says Moore. 

“It’s been awesome to have the opportunity that MyMilk gives us by providing a pathway through stepping from sharemilking to farm ownership. MyMilk is an opportunity to keep growing and stay with the co-op, and we’re delighted more farming families will be given that chance.”

First launched in 2014 in the South Island, MyMilk has quickly gained traction, with more than 145 dairy farmers involved over that time across Southland, Otago and Canterbury. 

MyMilk offers farmers the ability to supply milk for up to five seasons without a requirement to purchase shares in Fonterra. 

MyMilk farmers are required to meet the same supply terms and conditions as Fonterra shareholders with regards to milk quality, safety and sustainability, and have access to many of the tools and services the co-operative offers.

“We know farmers have choices when they decide who they supply, and we want Fonterra to be the best choice with a strong sustainable Farmgate Milk Price.”

MyMilk will be available in the North Island for supply starting from June 1,2020. Eligibility conditions apply and MyMilk volumes are limited to 5% of Fonterra’s total milk collections. 

More like this

From coal to pellets

Fonterra is on track to meeting an interim target of achieving a 30% reduction in emissions by 2030.

Is he the right Guy for Fonterra?

Former Primary Industries Minister and Fonterra board aspirant Nathan Guy believes his relationships with bureaucrats in Wellington will help the co-op’s farmers immensely.

Featured

 

OSPRI and LIC join forces

OSPRI and the Livestock Improvement Corporation (LIC) are urging farmers to play their part in improving animal traceability at a critical time on farm.

Awards help winners fine-tune

Newly-crowned Share Farmers of the Year Sarah and Aidan Stevenson are looking forward to their leadership roles over the next 12 months.

National

Effluent expo canned

The Effluent & Environment Expo, scheduled for early November in Hamilton, has been cancelled.

Fonterra back in the black

Fonterra chief executive Miles Hurrell says 2019/20 was a good year for the co-op, with profit up, debt down and…

Machinery & Products

Mowers get a makeover

Well known throughout New Zealand over the past 18 years, Pottinger has redesigned its rear-mounted Novadisc mowers to incorporate a…

Hardy spotlight

High quality, reliable lighting is essential for anyone involved in agriculture or the great outdoors.

Simmm twin water blasters

Italian made Simmm Power Cleaner 100/11 and Power Gun 100/11 single-phase (230 volt) electric water blasters are proving popular in…

OPD argument raging on

A stoush is brewing with the Federal Chamber of Automotive Industries (FCAI) heavily criticising Farmsafe Australia’s recent Safer Farm Report.

» The RNG Weather Report

» Latest Print Issues Online

Milking It

Eyes have it

OPINION: Painting eyes on the backsides of cows could save their lives, according to new research by Australian scientists.

Walkers versus cows

OPINION: A North Yorkshire teacher has become at least the second member of the public to be trampled to death…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter