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.
Fonterra's Pahiatua and Longburn based tanker operators have proven the benefits of pulling together - quite literally - by hauling their trucks by hand for charity.
The tanker pull was one of three team events dreamed up by shift team manager Michael Woodfield who wanted to raise the stakes for their Cancer Society Relay for Life fundraiser.
Teams of four had to complete the three challenges, including pulling a truck for 50 metres, eating dry Weet-Bix and reversing a truck and trailer around a 90-degree angle corner. The tasks were timed and judged and were carried out at the depots at around 6am before the drivers went out for their dairy milk runs.
Raising money for Relay for Life every second year, Michael wanted to up the ante, and it worked, more than doubling their usual fundraising total, this year pulling in almost $3,000 between the depots and the local Fonterra manufacturing sites.
Michael explains that he was compelled to really give their Cancer Society fundraiser a boost this year because "the last 10 funerals I've been to have been because of cancer. It's an awful disease and it affects everyone in some way."
It was a tight competition, but Longburn depot's Blue Shift took out the number one title and Red Shift from rival depot Pahiatua came in at a close second. A trophy's been donated by Longburn manufacturing site. It's hoped with an official prize to fight for, the challenge will become a more regular feature, proving a little inter-depot rivalry can also do great things for a great cause.
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.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
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