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.
Not everyone loves Fonterra, let’s accept that.
Some farmers are cheesed off with the co-op for its performance, consumers are unhappy with the high price of milk and motorists are fed up of milk tankers clogging our roads.
However, one Northland man has taken his dislike of the co-op to a new level. The man (52) appeared in Whangarei District Court charged with shooting at the co-op’s Kauri plant; he was remanded in custody for a mental health assessment.
He faces charges of unlawful possession of a restricted firearm (an SKS 7.62/39 calibre), reckless discharge of a firearm and importing a restricted weapon.
Fonterra says the man has no direct connection to the co-op.
Three New Zealand agritech companies are set to join forces to help unlock the full potential of technology.
As the sector heads into the traditional peak period for injuries and fatalities, farmers are being urged to "take a moment".
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.
OPINION: Dipping global dairy prices have already resulted in Irish farmers facing a price cut from processors.
OPINION: Are the heydays of soaring global demand for butter over?