Arla targets $25b in total revenue
European dairy co-operative Arla Foods is forecasting a total revenue of nearly $25 billion this year.
You would be udderly surprised to encounter a Simmental or Braunvieh running up the steps of New York’s One World Trade Center or Shanghai’s equally tall World Financial Center.
But that’s the kind of climb – albeit on dirt trails, not concrete steps – a typical Swiss dairy cow makes every summer.
According to the Swiss Federal Agricultural Office, about 270,000 cows are marched from their valley farms to mountain meadows at the start of every summer, just to come back down again in early autumn. Why do it?
Dairy farmers have incentives to herd their cattle high. On the one hand, they get top dollar for the aromatic ‘Alp cheese’ made from the milk of their livestock. From June to early September, alpine pastures serve up a smorgasbord of hundreds of different grasses and herbs for the cows to graze. Lower in the valley there are only a few types.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Farmers are welcoming the announcement of two new bills to replace the under-fire Resource Management Act.
The Government has announced it will immediately roll over all resource consents for two years, with legislation expected to pass under urgency as early as this week.
The New Zealand National Fieldays Society has achieved a major sustainability milestone - reducing its greenhouse gas emissions and reaching the target five years early.
Fonterra's 2025/26 financial year is off to a strong start, with a first quarter group profit after tax of $278 million- up $15m on the previous year.
Government plans to get rid of regional councillors shows a lack of understanding of the fundamental problem affecting all of local government - poor governance.
OPINION: The rural sector is set to receive some good news from the Government this week.
OPINION: Prime Minister Christopher Luxon has been on a charm offensive with farmers.