Another Windfall for Fonterra Farmers, Unit Holders
Fonterra farmer shareholders and unit holders are in line for another payment in April.
OPINION: The annual New Zealand Ice Cream & Gelato Awards 2024 is underway.
But missing from the prestigious competition this year is Tip Top Ice Cream. Formerly owned by Fonterra and now owned by Froneri – a joint venture between PAI Partners and Nestle – Tip Top has been prominent on the winners’ list of past years.
With Tip Top not entering the awards this year, Milking It wonders if relationships in the NZ ice cream sector have either gone cold or frozen.
Meanwhile, an esteemed panel of 20 food judges, led by new chief judge Geoff Scott, had the arduous task of evaluating, aka tasting, 233 entries with meticulous attention to detail in late July. After careful deliberation, 169 medals were awarded. Among these, an impressive 60 Gold Medals, 66 Silver Medals, and 44 Bronze Medals were awarded.
Global trade has been thrown into another bout of uncertainty following the overnight ruling by US Supreme Court, striking down President Donald Trump's decision to impose additional tariffs on trading partners.
Controls on the movement of fruit and vegetables in the Auckland suburb of Mt Roskill have been lifted.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
Farmers are being encouraged to take a closer look at the refrigerants running inside their on-farm systems, as international and domestic pressure continues to build on high global warming potential (GWP) 400-series refrigerants.
As expected, Fonterra has lifted its 2025-26 forecast farmgate milk price mid-point to $9.50/kgMS.
Bovonic says a return on investment study has found its automated mastitis detection technology, QuadSense, is delivering financial, labour, and animal-health benefits on New Zealand dairy farms worth an estimated $29,547 per season.
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