Fonterra investing $70m in new electrode boilers
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
It’s official, Fonterra’s organic farmers have become the first in the country to receive a double-digit milk payout.
As predicted by Dairy News, the cooperative’s 60 organic suppliers last season have set a record price for cow milk in New Zealand at $10.19/kgMS.
Fonterra’s global business manager organics Andrew Henderson told Dairy News that the final price was driven by a combination of factors including organic protein sales in the US, a favourable exchange rate and a number of efficiency improvements right across the supply chain.
“This is a fantastic result for organic dairy in New Zealand, it sets a new benchmark for the value of our premium New Zealand grass-fed dairy products,” says Henderson.
“It’s something we can all be proud of because, ultimately, the result is a culmination of work put in by a wide group of people.
“It starts with the effort of our organic suppliers to meet and exceed organic certification standards. Then it’s the endeavours of our transport, manufacturing, sales and marketing teams who all help make the most of that milk to drive returns and deliver value to the co-op.”
The list of organic milk suppliers is growing.
This season Fonterra will collect organic milk from 74 suppliers and about 25 additional farms are in the process of becoming organic farms, a transition that takes three years.
The co-op has set a 2020/21 forecast range $8.50 - $9.00/kgMS for this season.
Fonterra’s organic suppliers are based throughout the North Island, with most of the milk processed in Waikato.
The Waitoa plant makes organic milk powders and UHT milk, the Morrinsville plant butter and milk powders, while Hautapu produces cheese, whey protein concentrates and milk protein concentrates. Anchor organic milk is generated at Palmerton North.
OPINION: Most people will be aware of the Government's plans to boost coal, oil and gas production to meet energy requirements.
AgriZeroNZ has entered a new partnership with Britain's national innovation agency, Innovate UK.
Twenty rural community hubs across New Zealand will receive $5,000 to upgrade their facilities having been selected as the winners of Rabobank's Community Hub Competition.
As the dairy industry prepares to celebrate its top achievers at an awards night this Saturday, attendees are being warned to be aware of protests planned outside the venue – Baypark Arena, Mount Mauganaui.
Beef + Lamb New Zealand (BLNZ) says the release of New Zealand's latest Greenhouse Gas Inventory clearly shows agriculture is playing its part in emissions reductions and there is no need for a price on agricultural emissions.
While opening the first electrode boiler at its Edendale site, Fonterra has announced a $70 million investment in two further new electrode boilers.
OPINION: Farmers won't get any credit for this from the daily media, so Milking It is giving the bouquets where…
OPINION: The Advertising Standards Authority’s 2024 report revealed that not only is social media rotting our brains, it is also…