Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
A company that makes fence posts from 100% recycled plastics has won an innovation award at the NZ National Fieldays.
Future Post says its product boasts a stronger build with more durability than traditional fence post designs.
Judges at Fieldays innovation awards said this product provides a way for farmers to participate in addressing what is a massive environmental problem for New Zealand.
“This is a positive and potential game changing step towards dealing with New Zealand’s plastic recycling challenge,” they said. The company won the Fieldays Launch NZ Award.
Future Post was founded in the time-honoured kiwi way of trying to find an ingenious solution for a challenging problem. While attempting to build a fence on an old rubbish dump site, Jerome Wenzlick found his wooden fence posts were breaking as he tried ramming them through all the waste plastic in the ground.
With a passion for the environment, Jerome had the revelation that if he could build a stronger fence post from waste plastic, he’d also help solve a bigger environmental problem. Soon after, a chance meeting with Bindi Ground, a farmer with previous experience in recycling and repurposing products, led to a business partnership and a commitment to produce premium fencing products that perform better and lasts for longer.
Future Post works closely with Fonterra; getting recycled Anchor milk bottles to make their product.
Fonterra directors and councillors are in for a pay rise next month.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
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