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.
Fonterra's manufacturing sites work to turn Fonterra farmers’ milk into products that end up in over 140 countries.
They employ 7000 people throughout the country in a range of roles from factory processors to tanker operators, food safety and quality experts and environmental managers.
So, the Best Site Cup awards at Fonterra is an event everyone looks forward to. This year, however, things were different thanks to Covid-19.
A Fonterra spokesman says teams gathered across the country to dial into the celebration last month.
“Our sites are starting to ramp back up after winter [shutdown], so it was nice to see the teams come together to celebrate the year that’s been,” he says.
“It’s been a season like no other and we’re proud of how the teams have come together during these challenging times.
“It’s nice to be able to take the time to celebrate the season and some outstanding success stories.”
Pahiatua in the Lower North Island received the Sustainability award, based on the focus they’ve had on reducing water, energy and waste. The site has the lowest water-to-milk ratio of Fonterra sites in New Zealand and they’ve reduced their water use by more than half a million litres a day through a state-of-the-art wastewater treatment plant.
The Darfield site took away the Best Big Site award. They’ve had a great year making progress against their goals, including the target set by the co-op last year to reduce their water use by 30% by 2030.
The Kauri site was recognised for Health and Safety. In the midst of droughts and floods in Northland, health and safety remained front of mind for the site.
Te Rapa, Hamilton, took out the Transformation award. They made improvements in a variety of areas including employee engagement, health and safety and product quality.
Dubbed the ‘Oscars of Manufacturing’, the awards are now in their 14th year. There were 14 awards up for grabs.
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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.