Milk Powder Prices Rally: $10/kgMS Milk Price in Sight
Milk powder prices are continuing their merry run, firming up a potential $10/kgMS farmgate price this season.
FONTERRA CHAIRMAN John Wilson says 'solutions not problems' is the way the co-op works to support its farmer shareholders.
Speaking at the co-op's annual general meeting this week in Palmerston North, Wilson highlighted unity and collective strength.
"We have that strength and this year we really challenged ourselves to come up with ways we could use it more effectively for you.
We are very aware of the increasingly diverse expectations you as farmers have of your co-operative, and the changing demands for information."
Wilson says Fonterra has worked to provide significantly more support both at a community leadership and on-farm level in the environmental area, working closely with Dairy NZ and other providers.
"We have made good progress but we recognise we can do more, as we strive to balance our aim to provide high levels of service to our owners, while also addressing compliance responsibilities."
Recently, Fonterra announced Farm Source – where it's rebranding its RD1 stores and rolling out incentives for farmers.
Wilson says it's designed to support you to succeed and grow so the co-op can increase its milk supply in New Zealand.
He stressed that growing the New Zealand milk supply is core to Fonterra's business.
But he says Farm Source is not just a rebrand.
"We would not waste hard-earned farmers' money in that way. It is a total re-look at the way our cooperative supports you as owners.
Farm Source connects our farmers to the full strength of our cooperative through a coherent package of service, support, rewards, online and financial options. It is a significant step up in the way we will work with you. We are bringing our farm support focus directly into the regions to better meet your requirements."
When dairy manager Miriam Lauridsen learned the farm, she was joining held weekly health and safety meetings, she initially thought that was “a bit over the top”. Experiencing that culture changed her mind.
Nominations are open for the 2027 Fonterra Dairy Woman of the Year Award.
Keeping up with pasture moisture demands is likely to be the key challenge for dairy farmers during this season’s El Niño weather pattern, says Blue Skies Weather & Climate Services meteorologist Tony Trewinnard.
Farmers have until the end of this week to help shape DairyNZ’s future focus.
Wayne McNee, chief executive of AgriZeroNZ, has resigned and will leave the organisation on 15 January 2027.
The New Zealand dairy sector set a record in the 2025/26 season, producing more than two billion kilograms of milksolids for the first time.
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