Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Total milk production in New Zealand decreased 2% in January compared to the same month last year, says Fonterra.
Milk production for the 12 months to January is down 2% on the same period the previous year.
It says for the remainder of the New Zealand production season production will continue to be influenced by changes in farming systems, such as decreased stocking rates and supplementary feeding, as farmers respond to the low milk price environment.
Australian production in December decreased 4% on the same month the previous year. Production for the 12 months to December was up 1% on the same period the previous year. However, the rate of growth continues to slow as pasture growth conditions have deteriorated due to dry weather in many dairying regions.
NZ exports increased 6% in December compared to the same month the previous year, with increases seen in most major dairy categories, excluding WMP and SMP. Exports for the 12 months to December increased 4% on the same period the previous year. An increase of around 117,000 tonnes for the 12 months was largely driven by cheese up 18%, SMP up 7% and AMF up 5%, but partially offset by butter down 5% and WMP down 3%.
Australian exports increased 1% in December on the same month in the previous year. Significant increases in cheese, up 26%, and fluid and fresh dairy, up 6%, were almost fully offset by WMP, whey powder and SMP, whichwere all down.
Exports for the 12 months to December remain strong, up 7% on the same period in the previous year. This is largely due to SMP being up 23%, cheese up 14%, and fluid and fresh dairy up 9%.
Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
Making things simpler, not harder, for deer farmers in farm planning and coping with regulations is Deer Industry New Zealand (DINZ) industry capability manager John Ladley’s current focus.
Rural Women New Zealand (RWNZ) is launching an online business directory called The Country Women’s Collective to promote and support entrepreneurial rural women.
New Zealand actor Sam Neill has joined the Campaign for Wool NZ as an ambassador, lending his name and profile to educate and advocate for New Zealand strong wool.
Living labs that bring together expertise at locations around New Zealand are among potential solutions identified by researchers to help the country move towards a more climate resilient future.
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