July months are typically deficits; this is the first July surplus since 2012 ($98m) and only the eleventh July surplus since 1960, says Stats NZ.
And yet some want to reduce the number of cows and clip the wings of dairying.
Another reason not to kill the goose that laid the golden egg: Stats NZ says we achieved a rare July trade surplus of $85 million this year, thanks to a recovery in dairy export prices.
July months are typically deficits; this is the first July surplus since 2012 ($98m) and only the eleventh July surplus since 1960, says Stats NZ.
And yet some want to reduce the number of cows and clip the wings of dairying.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
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.