Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Some Fonterra milk tankers will soon be showing off a new livery.
Thirty-eight tankers and truck units are getting a new Milk for Schools look as the scheme heads for its fourth anniversary in May. Basketballs, books and backpacks are among items appearing in the new branding.
“Our tanker team daily transports milk to our Waitoa UHT site to be packed and sent to 70% of primary schools,” says Fonterra’s general manager community programmes Chris Ward. [The scheme] provides dairy nutrition to 140,000 kids every school day, yet many Kiwis don’t know that it’s social giving... by the co-op’s farmers.”
Fonterra’s general manager of national transport and logistics Barry McColl says Fonterra’s tankers are among the most recognisable vehicles on NZ roads, so they have an important role.
“Fonterra’s tankers drive 95 million kilometres a year.... What’s on them reflects what we stand for as a cooperative and what’s important to our farmers.
“Milk for Schools represents our commitment to the health and wellbeing of the next generation, while the new branding helps our tanker team understand the critical part they play in the process.”
The Te Awamutu tanker drivers will be the first to take the rebranded tankers out.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.