Fonterra lifts milk price forecast to $10.15/kgMS
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
Fonterra's $45 million tanker fleet upgrade is the biggest build in the cooperative's history.
The Morrinsville Fleet Service Centre has almost completed building 90 tankers which will be used to collect milk from farms throughout the country this season.
Fonterra director New Zealand operations Brent Taylor says the team has been non-stop, completing an average of one tanker a day.
"This year we have been replacing 67 of our existing fleet and adding 23 brand new Volvos," he says. "Once complete we will have over 500 tankers on the road which is the largest fleet in New Zealand."
Fonterra runs a regular maintenance programme to update its tankers to keep them running in optimum condition. These tankers are stripped of old equipment and where possible, these refurbished components are assembled onto the new cab and chassis. Quality of the final product is paramount, so if any components do not meet the mark, they are replaced with new.
In April 2009, the cooperative began introducing Volvo tankers due to their lower total cost of ownership and because they are more efficient and have lower running costs.
Taylor says the Volvo trucks have sophisticated emission control systems and put out 35% fewer emissions than the older fleet.
"Fonterra regularly reviews its equipment to make sure our milk collection operations are more efficient both environmentally and economically," says Taylor.
"All our tankers are fitted with TAMS (Tanker Activity Management Systems), an in cab vehicle management system, which track every tanker's daily movements. A range of data is captured including the amount of time each tanker spends idling, levels of fuel burn, braking, acceleration and cornering trends. Since TAMS was implemented in 2009 we've been able to further increase fuel efficiency and decrease repairs as poor driver habits have been identified and addressed.
"Safety of our drivers always comes first. The Volvo tankers have state of the art braking technology, which when coupled with our trailers with Electronic Stability Control, make them as safe as possible on the road."
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
Federated Farmers says climate protest group Greenpeace is manufacturing outrage and attempting to scare New Zealanders with headlines that have no basis in science.
New Zealand Food Safety (NZFS) says it is supporting importer Goodfood Group in its decision to recall Food Snob and Mon Ami brand French Brie and Camembert cheeses.
OPINION: Milking It reckons if you're National, looking at recent polls, the dream scenario is that the elusive economic recovery…
OPINION: Sydney has a $12 million milk disposal problem.