Northland farmers losing time and money to poor internet
The lack of quality internet coverage in Northland is costing farmers time and money, says Federated Farmers Northland president Colin Hannah.
Federated Farmers Dairy chairman Andrew Hoggard says this morning's Fonterra Global Dairy Trade (GDT) result is shocking.
Hoggard says farmers thought the slide in dairy prices over the last few months had bottomed out.
"Everyone has been talking up the chances of prices rising but this is not the case," he told Rural News online.
This morning's GDT event saw the price index down 5.9%.
The biggest fall was recorded by WMP, which is Fonterra's main export.
WMP slumped 10.8% to US$2054/metric tonne. Skim milk powder is down 5.8% to US1875/MT.
Hoggard says the 10.8% drop in whole milk powder prices is the biggest worry.
"It's hard to know the reasons behind today's big fall in prices," Hoggard says.
Key Results from this morning
AMF index up 1.6%, average price US$2,855/MT
Butter index down 0.3%, average price US$2,694/MT
BMP index down 8.1%, average price US$1,878/MT
Ched index down 4.9%, average price US$3,060/MT
LAC index not available, average price not available
RenCas index down 4.1%, average price US$5,901/MT
SMP index down 5.8%, average price US$1,875/MT
WMP index down 10.8%, average price US$2,054/MT
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
Fonterra says its ongoing legal battle with Australian processor Bega Cheese won’t change its divestment plans.
With an amendment to the Medicines Act proposing human medicines could be approved in 30 days if the product has approval from two recognised overseas jurisdictions, there’s a call for a similar approach where possible to be applied to some animal medicines.
The Government wants to make sure that rural communities get a level of service that people who live in cities often complacently expect.
As the New Zealand Government launches negotiations on a Free Trade Agreement with India, one Canterbury-based vegetable seed breeder is already benefiting from exporting to the world's fifth-largest economy.
Onenui Station on Mahia Peninsula in northern Hawke's Bay is a world first in more ways than one.
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