Strong Interim Results See Fonterra Boost Farmgate Milk Price to $9.70/kgMS
Fonterra says its interim results show continued momentum in its performance, with revenue of $13.9 billion in the first half of the 2026 financial year.
NZ First deserves a pat on the back for defending farmers against the furore over high milk prices.
Blaming farmers for the price of milk is wrong when supermarkets are creaming profits, says New Zealand First primary industries spokesperson Richard Prosser.
“We think it’s insulting to farmers to have fresh milk compared with Coca-Cola. Milk is a food taking skill to produce, whereas Coke is just carbonated water packed with sugar,” says Prosser.
Good on your Prosser.
The proposed retrenchment of Heinz Wattied's manufacturing presenced in New Zealand will be a blow to the wallets of more than 200 Canterbury vegetable growers.
The cost of running a New Zealand farm is now 27% higher than it was before Covid, putting sustained pressure on profitability acrfoss the sector, according to new ANZ research.
Rural contractors are getting guidance on how to deal with recent rising fuel prices.
An Ōpunake farmer with a poor effluent system has been fined $35,000 with a discount on the penalty discarded after he charged at a Taranaki Regional Council officer inspecting the ‘systematic problems’ on his farm.
The horticulture sector is under threat because of vulnerabilities of the country's transport infrastructure, according to a report commissioned by a collective representing a range of groups in the sector.
Silver Fern Farms chief executive Dan Boulton says the meat processor wants to find ways of getting product destined for Middle East markets into those markets as opposed to try and place them elsewhere.