Halter raises $165m, company valued at $1.65b
New Zealand tech company Halter has raised $165 million from investors in its latest fundraising round.
Hundreds of Fonterra farmers visited their local Farm Source store on November 29 to help celebrate the rural service trader's tenth anniversary.
To mark the occasion, 'Pie Day Fridays' at Farm Source stores was turned into 'Cake Day Friday' with local store teams putting on spreads.
Farm Source group director Anne Douglas says it was a special way to recognise the milestone.
"It was fantastic to see so many of our farmer owners and other valued customers join us in store. Our store teams really embraced the spirit of the occasion and there were some very creative cakes: I was at our store in Waiuku and I know the farmers I met there were delighted to be part of the celebration."
Farm Source is Fonterra's farmer facing team and was rebranded from RD1 in 2014.
The co-op says it has taken relationships with farmer shareholders to a whole new level by providing on-farm support and advice, lowering on-farm costs and giving back to rural communities - building closer connections with farmers and delivering the strongest farmer offering.
"Farm Source exists to service the co-op's farmers, offering the tools and support they want and where they need them," says Douglas.
"It's their co-op and Farm Source is here to help them continue to sustainably produce some of the world's finest milk."
Newly elected Federated Farmers meat and wool group chair Richard Dawkins says he will continue the great work done his predecessor Toby Williams.
Hosted by ginger dynamo Te Radar, the Fieldays Innovation Award Winners Event put the spotlight on the agricultural industry's most promising ideas.
According to DairyNZ's latest Econ Tracker update, there has been a rise in the forecast breakeven milk price for the 2025/26 season.
Despite the rain and a liberal coating of mud, engines roared, and the 50th Fieldays Tractor Pull Competition drew crowds of spectators across the four days of the annual event.
Nationwide rural wellbeing programme, Farmstrong recently celebrated its tenth birthday at Fieldays with an event attended by ambassador Sam Whitelock, Farmers Mutual Group (FMG), Farmstrong partners, and government Ministers.
Six industry organisations, including DairyNZ and the Dairy Companies Association (DCANZ) have signed an agreement with the Ministry for Primary Industries (MPI) to prepare the country for a potential foot and mouth outbreak.
OPINION: It's official, Fieldays 2025 clocked 110,000 visitors over the four days.
OPINION: The Federated Farmers rural advocacy hub at Fieldays has been touted as a great success.