Another Windfall for Fonterra Farmers, Unit Holders
Fonterra farmer shareholders and unit holders are in line for another payment in April.
An on-farm plastic recycling initiative, Plasback, seems to be gaining momentum as the agricultural industry moves to reduce its environmental impact.
Two New Zealand silage wrap importers, Nutritech and Tulloch Farm Machines, have joined the scheme. The Plasback scheme is a voluntary, user-pays system which collects silage wrap and some chemical drums direct from the farm gate.
"Last year, the Ministry for the Environment decided that all farm plastics sold in this country will have to be covered by an accredited product stewardship scheme," says Plasback manager Chris Hartshorne.
"This means everyone in the farm plastics supply chain - from manufacturers through to consumers - will be responsible for recycling leftover plastic products and packaging."
The company says that joining the Plasback scheme is a step dairy farmers can take to meet the criteria for production under Fonterra's new Co-operative Difference framework.
Under the scheme, from 1 June, up to 10 cents of a farm's milk payment will be determined by its sustainability measures and milk quality.
Fonterra Farm Source group director Richard Allen says Fonterra farmers are among the world's most responsible and that is something to be proud of.
"The Co-operative Difference payment is another way we can recognise farmers and grow the value of New Zealand milk by responding to the worldwide demand for sustainably-produced dairy," Allen says.
The 10 cent Co-operative Difference payment is made up of 7 cents/kg of milk solids for achievement in four sustainability focus areas. Once they have achieved this, farmers can gain another 3 cents/kgMS for milk that meets Fonterra's excellence standard.
The four sustainability criteria cover the environment, co-op and prosperity, animal wellbeing, and people and community.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
Farmers are being encouraged to take a closer look at the refrigerants running inside their on-farm systems, as international and domestic pressure continues to build on high global warming potential (GWP) 400-series refrigerants.
As expected, Fonterra has lifted its 2025-26 forecast farmgate milk price mid-point to $9.50/kgMS.
Bovonic says a return on investment study has found its automated mastitis detection technology, QuadSense, is delivering financial, labour, and animal-health benefits on New Zealand dairy farms worth an estimated $29,547 per season.