Fonterra eyes EcoPond pilot to reduce on-farm emissions
Fonterra has invested in a new effluent pond mobile dosing service to support farmers to reduce emissions and make progress towards its on-farm emissions reductions target.
Add that to a drop in milk production due to extreme weather this year and the co-op is facing a dilemma of overcapacity. Processing 20% of Australia’s total milk, the co-op suddenly finds itself with more stainless steel than it needs.
Rumours are rife that Fonterra will close one or more of its processing plants there.
Fonterra will announce its annual result on September 12. Watch this space.
