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.
The technology combines behaviour data collected via proprietary collar-mounted sensors with data from internetconnected farm systems, farm equipment and third-party sources.
A Dutch start-up is joining forces with Fonterra's Farm Source to launch collar-mounted sensors for cows.
Connecterra, which uses artificial intelligence to deliver insights to dairy farmers, says it has signed a deal with Fonterra for the sale of its intelligent dairy assistant (Ida) platform in New Zealand.
The technology combines behaviour data collected via proprietary collar-mounted sensors with data from internet-connected farm systems, farm equipment and third-party sources.
Ida then uses artificial intelligence to translate the data into real-time, easy-to-understand insights in the app. Users respond to insights with just a few taps. This feedback is processed using machine learning, allowing Ida to become smarter and more personalised for each farm over time.
Connecterra says the NZ launch follows the completion of a successful two-year trial at Cloverlea Farm, a split calving farm in South Waikato.
Owner Chris Poole sees a clear difference in Ida and believes the technology can be a game changer for Kiwi farmers.
"Ida's technology is different. She learns you and your farm. It's easy to see the difference in our in-calf rates and animal health. There is so much potential for other farms in New Zealand," says Poole.
The nationwide rollout began in the South Waikato region in August. With mating season underway, Connecterra says customers are already using Ida to help with tasks such as detecting heats and drafting for insemination.
"Our goal is to empower farmers globally to increase productivity while reducing the impact of farming on the planet.
"After seeing strong, positive results during the pilot, we're pleased to see Ida technology scale across New Zealand," said Yasir Khokhar, chief executive of Connecterra.
He says to celebrat Ida's arrival in New Zealand, Connecterra is offering a special introductory price for Farm Source customers and Fonterra suppliers who subscribe before January 31.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
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.
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