Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Former Fonterra chairman Sir Henry van der Heyden will be offering his thoughts on the future of the NZ dairy industry in a webinar this Wednesday (May 13).
Organised by the Waikato Rural Support Trust, the online session will feature van der Heyden and former Fonterra director Mark Townshend, Ngatea.
The Waikato RST says the webinar will be “a relaxed Q&A session”.
It says the two industry leaders will “discus why it is so important to embrace change and see the opportunities it provides”.
Van der Heyden has mostly stayed away from commenting on the dairy industry since he retired as Fonterra chairman in 2012 after 10 years at the helm of the co-op.
Townshend, a founding director of Fonterra has dairying interests in New Zealand (Hauraki, Canterbury, Southland), North America and South America.
Three New Zealand agritech companies are set to join forces to help unlock the full potential of technology.
As the sector heads into the traditional peak period for injuries and fatalities, farmers are being urged to "take a moment".
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.