RWNZ chief executive to step down
Rural Women New Zealand (RWNZ) chief executive Gabrielle O’Brien will step down at the end of June.
Global dairy prices have taken a hit in the overnight auction.
As predicted by the futures market, prices fell as concerns grew around coronavirus in China and its impact on global trade.
China is Fonterra’s major key market: Around 11% of all dairy consumption in China comes from Fonterra
The GDT price index fell 4.7%: whole milk powder down 6.2%, skimmed milk powder down 4.2%, and butter up 0.2%.
Updated coronavirus statistics show confirmed cases total 20,708 worldwide (20,483 in China), of which 4% have recovered, 13% are in critical condition, and 427 have died (425 in China).
Key results
AMF index down 4.5%, average price US$4,626/MT
Butter index up 0.2%, average price US$4,258/MT
BMP index down 5.2%, average price US$2,886/MT
Ched index up 6.0%, average price US$4,302/MT
LAC index up 2.5%, average price US$830/MT
RenCas index up 6.0%, average price US$9,956/MT
SMP index down 4.2%, average price US$2,907/MT
SWP index not available, average price not available
WMP index down 6.2%, average price US$3,039/MT
Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.