Solid half-year result for Fonterra
Fonterra has reported a solid half-year result – an 8% lift in profit after tax to $729 million.
Fonterra Co-operative Group Ltd backs the move by Ravensdown and Ballance Agri-Nutrients to voluntarily suspend sales and use of Dicyandiamide (DCD) treatment on farm land until further notice.
The fertiliser companies announced the suspension yesterday after very low levels of DCD were identified in some test samples of dairy products.
"We have been assured by New Zealand's regulatory authority – the Ministry for Primary Industries - that there is no food safety risk. However, DCD residues in agricultural products may present a future trade issue," said managing director cooperative affairs Todd Muller.
"Although DCD was a promising option for reducing nitrate leaching, it is critical that New Zealand's trade reputation is preserved. The voluntary suspension is the responsible approach in the absence of any internationally agreed standards for DCD residues in food."
Fonterra will participate in a working group set up by the Ministry for Primary Industries to examine what the suspension means in terms of the future use of DCD in farming, including the impact on water quality requirements.
The New Zealand Veterinary Association (NZVA) says it will be working alongside the Ministry for Primary Industries (MPI) and Animal and Plant Health New Zealand (APHANZ) as they attempt to improve access to veterinary medicines.
Federated Farmers says it welcomes a recent court decision which granted a stay on rules in the Southland Water and Land Plan until legislative changes can be made by government.
A holistic approach to sustainability sees Pukatea Dairy Farms take out the top award at this year's Canterbury Ballance Farm Environment Awards.
Registrations are now open for the highly anticipated South Island Dairy Event (SIDE) 2025, taking place April 7-9 in Timaru.
Scientists from the Ministry for Primary Industries (MPI) are part of an international team working to develop a low-cost diagnostic tool that could significantly improve food crop production in developing countries.
Gallagher Animal Management and Nedap are combining their innovative strengths to "revolutionise" livestock management.
OPINION: Two Australian cheesemakers have rescued the iconic Tasmanian cheese company King Island Dairy.
OPINION: World famous liqueur maker Baileys is the latest to dabble with plant-based products.