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Fonterra suppliers in Australia can dip into a $600 million aid package announced last week by the Federal Government.
‘Soft’ loans, repayable over 10 years, are designed to bring relief to farmers facing massive cuts to the farmgate milk price this year. It’s not happy reading for Fonterra shareholders in New Zealand: they have faced low prices for two seasons, with the prospect of a third season looming. Yet there has been no state support. Instead, Fonterra farmers are still forking out money to supply milk to schools and breakfasts for needy children.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.
Federated Farmers says climate protest group Greenpeace is manufacturing outrage and attempting to scare New Zealanders with headlines that have no basis in science.
New Zealand Food Safety (NZFS) says it is supporting importer Goodfood Group in its decision to recall Food Snob and Mon Ami brand French Brie and Camembert cheeses.
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