Open Country Dairy prepares to launch first commercial butter
The country's second largest milk processor hopes to produce its first commercial butter within two months.
The country's second largest milk processor says any negative impact of coronavirus should be short lived.
Open Country Dairy chief executive Steven Koekemoer has told milk suppliers that how long it takes to contain the virus is key.
“The latest general view is that any negative impact should be short lived,” he says.
“The fundamentals around supply/demand have not changed but the timing of containment of the virus will be key.”
OCD will review the situation this month but says at this stage it sees no reason to adjust the forecast payout. “If the outbreak is controlled in the short term, then we should see higher demand resume and pricing recover.”
OCD has strategically diversified its markets over the last few years to ensure exposure in China is limited.
“I am confident that in a general tightening global market, we will have no issues selling our product. No doubt pricing in the short term may be impacted, however, we are getting to the tail end of the season and will just need to ride it out,” Koekemoer said.
Managing director of Woolover Ltd, David Brown, has put a lot of effort into verifying what seems intuitive, that keeping newborn stock's core temperature stable pays dividends by helping them realise their full genetic potential.
Within the next 10 years, New Zealand agriculture will need to manage its largest-ever intergenerational transfer of wealth, conservatively valued at $150 billion in farming assets.
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
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