Federated Farmers hails rural banking report
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
The A1 versus A2 debate has the potential to tear the industry apart.
So says retired Lincoln University professor Keith Woodford, a strong advocate of A2 milk, he says people had tried to “shut him up”.
But he told Federated Farmers dairy conference that the tide has turned.
“Fonterra did not lightly make the decision earlier this year to get into bed with the a2 milk company, having denigrated them on occasions for 20-odd years,” he says.
“Nestle did not lightly take the opportunity earlier this year to start making its own A2 infant formula in China; and Mengniu, one of China’s biggest dairy companies, did not go that way lightly.”
He says dairy industry leaders must keep abreast of development in the A2 milk sector.
“There is science to go with it, don’t ever doubt that,” he says.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
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.
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.