Friday, 29 July 2016 15:29

Fonterra and LIC’s aim to improve farm performance

Written by 
Fonterra chief operating officer Farm Source Miles Hurrell. Fonterra chief operating officer Farm Source Miles Hurrell.

Fonterra and Livestock Improvement Corporation (LIC) are teaming up to develop a new online technology solution designed to provide farmers with a view of their operation in one place.

The two farmer-owned cooperatives are combining resources, knowledge and expertise to look at the best way to bring together a farmer's milk production and quality data, herd data, pasture data, local weather forecasts and more into one easy-to-use online portal.

Farmers will be able to see their private individual farm information in one place, allowing them to make faster and easier decisions about their farming operation.

In developing the new online tool Fonterra's Farm Source team and LIC will be working with farmers to get their feedback on what they would like to see included.

A group of 50 farmers nationwide will be invited to trial a prototype this month and provide feedback.

The aim is to make the tool available for all farmers, with the first release expected by the end of the year.

Fonterra chief operating officer Farm Source Miles Hurrell says the tool is about responding to what farmers want - one place to access all the data sources they use, to improve on-farm performance.

"Currently farmers have lots of data sources, all developed in isolation," Hurrell says.

"Farmers have asked for a way to bring all those data sources together in one place. This would reduce the need for double entry of data by farmers. It will also give them the ability to benchmark their farm against others using aggregated data, leading to more productivity and profitability.

"The technology is aimed at helping farmers trim costs and utilise their resources as efficiently as they can."

LIC chief executive Wayne McNee says, "Today's farmers have so much information to try to consider, and an ever-increasing range of technology on offer. Both can add huge value to a farming business, to support more informed decision making and improved profitability, but accessing and using the information to make decisions can be difficult.

"Farmers have told us they want simplicity, they want one place to see all their records and information, and they want it in real time."

McNee says it is critical to be linking in with other industry partners such as Fonterra to reduce duplication and capitalise on existing expertise and resources.

The co-ops are looking to work with others in the industry to maximise what could be delivered in the new farm performance system.

More like this

No backing down

OPINION: Fonterra isn't backing down in its fight with Greenpeace over the labelling of its iconic Anchor Butter.

Entitled much?

OPINION: For the last few weeks, we've witnessed a parade of complaints about New Zealand's school lunch program: 'It's arriving late.' 'The portions are wrong.' 'I wanted caviar.'

Fonterra mulls options - sale or IPO

An outright sale of Fonterra’s global consumer business is more likely than a float, says Forsyth Barr senior analyst equities, Matt Montgomerie.

Fonterra updates earnings

Fonterra says its earnings for the 2025 financial year are anticipated to be in the upper half of its previously forecast earnings range of 40-60 cents per share.

Featured

DairyNZ supports vocational education reforms

DairyNZ is supporting a proposed new learning model for apprenticeships and traineeships that would see training, education, and pastoral care delivered together to provide the best chance of success.

The Cook Islands squabble

The recent squabble between the Cook Islands and NZ over their deal with China has added a new element of tension in the relationship between China and NZ.

Wyeth to head Synlait

Former Westland Milk boss Richard Wyeth is taking over as chief executive of Canterbury milk processor Synlait from May 19.

National

Certainty welcomed

There's been very little reaction to the government science reform announcement, with many saying the devil will be in the…

Science 'deserves more funding'

A committee which carried out the review into New Zealand's science system says the underinvestment will continue to compromise the…

Machinery & Products

Landpower win global award

Christchurch-headquartered Landpower and its Claas Harvest Centre dealerships has taken out the Global After Sales Excellence award in Germany, during…

Innovation, new products galore

It has been a year of new products and innovation at Numedic, the Rotorua-based manufacturer and exporter of farm dairy…

» Latest Print Issues Online

Milking It

MVM struggles

OPINION: Nearly four years after buying a 75% stake in Southland processor Mataura Valley Milk (MVM), A2 Milk is still…

No backing down

OPINION: Fonterra isn't backing down in its fight with Greenpeace over the labelling of its iconic Anchor Butter.

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter