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Winston Peters' office loves to bag the dairy industry and Fonterra, mostly for all the wrong reasons.
Last week, three days before the GDT auction, the party issued a statement predicting the GDT price index would drop 10%; it dropped by 7%.
We wonder what Peters' crowd is trying to do, but we're certain that inaccurate predictions about GDT and heaping more misery on farmers are helping no one.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
The final Global Dairy Trade (GDT) auction has delivered bad news for dairy farmers.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
Fonterra chair Peter McBride says the divestment of Mainland Group is their last significant asset sale and signals the end of structural changes.
Canterbury farmer Michelle Pye has been elected to Fonterra’s board for a three-year term.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.
