Fonterra's record forecast organic milk price
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Fonterra is facing strong competition for milk supply in western Victoria.
Chief executive Theo Spierings says Warrnambool Cheese and Butter, now owned by Canadian processor Saputo, was providing stiff competition.
A farmer shareholder at Friday's special meeting asked Fonterra to confirm if it was losing milk suppliers in Australia.
Spierings says Fonterra is active in three regions of Australia; Tasmania, eastern, western and northern Victoria.
He says western Victoria is a challenge.
Spierings says Fonterra needs more milk in Australia and will be strongly fighting for more milk.
The co-op's new plant at Stanhope is bigger than the one it replaces and will need more milk.
Spierings noted that Fonterra has lowered its farmgate milk price in Australia and this would lead to some suppliers leaving.
The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
OPINION: The Free Speech Union is taking this one too far.
OPINION: New national data from The Drug Detection Agency (TDDA), a leading workplace drug tester, shows methamphetamine (meth) use is…