Tuesday, 16 March 2021 10:56

Organic milk joy

Written by Milking It

font size decrease font size increase font size
Print
Email

OPINION: Fonterra farmers will be hoping (and praying) for their second ever $8-plus milk price this season, but for the co-op's 70 organic milk suppliers, another $10-plus payout is almost a certainty.

The co-operative this month informed its organic milk suppliers that their new payout range is $8.70 to $9.30/kgMS.

With just under three months of season yet to run, those organic farmers could be the biggest winners again, given the bullish run of Global Dairy Trade prices.

Last year they became the only group of Fonterra farmers to ever pass the $10 milk price threshold. The 2019-20 organic milk price topped $10.19/kgMS.

More like this

Fonterra, Sharesies join to make share trading easier

Fonterra, Sharesies join to make share trading easier

Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.

Plant-based bubble bursts

Plant-based bubble bursts

OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird Ventures, and its products are no longer available in supermarkets.

Poor investments backfire

OPINION: Synlait's financial woes won’t be going away anytime soon.

Exploited by one of their own

OPINION: Milking It believes a recent Employment Relations Authority ruling on the exploitation of three migrant workers from Indonesia highlights a trend in New Zealand – migrant workers being mistreated and oppressed by one of their own.

'Not our fault!'

OPINION: Milking It wasn’t too surprised to hear Kiwis’ trust in media has sunk to a new low.

Popular Reads

A significant fertiliser breakthrough?

Former ACT MP and Federated Farmers president Owen Jennings believes he's come across a new fertilising method in Australia that…

Waikato cattle farmers fined $23,000

A Waikato cattle farming family have been fined $23,000 for failing to provide sufficient food and care for their animals,…

Farmers oppose work visa changes

Farmers are crying foul over changes announced by the Government this week to the Accredited Employer Work Visa (AEWV) scheme.

No easy ride for struggling sheep farmers

Stubbornly high farm input costs, a slow Chinese recovery and a flood of Australian lamb onto the global market are…

Milk price certainty

Westland Milk has reaffirmed its commitment to pay farmer suppliers 10c above Fonterra farm gate milk price for the following…

Featured

Feds claiming 'some real success' on policy front

Federated Farmers president Wayne Langford is claiming “some real success” on the 12 policy priorities it placed before the Coalition Government.

Feds back Fast-Track Approval Bill

Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.

Lamb returns forecast to remain low

The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.

First harvest of table grapes - the 'king of fruit'

Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.

Machinery builder in liquidation

In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.

Two hemispheres tied together through cows

One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.

National

Ahuwhenua Trophy finalists showcase farms

In a few weeks the winner of the prestigious Ahuwhenua Trophy for the top Māori dairy farm will be revealed…

Cheesemakers may need new cheese names under FTA

The owner of an award-winning cheese producer says the Government’s free trade agreement (FTA) with the European Union (EU) has…

Protect productivity from red tape

Productive industries shouldn’t be strangled in red tape, they need to be able to operate and grow, using technology to…

Profit focus falls off the radar

The dairy industry has lost its mojo in the last six or seven years, according to a leading dairy farmer,…

Frontline biosecurity 'untouchable'

Biosecurity Minister Andrew Hoggard has reiterated that 'frontline' biosecurity services within Ministry for Primary Industries (MPI) will not be cut…

Machinery & Products

Temporary slurry tanks – cheap, easy to install

With effluent management never far from the thoughts of legislators and farmers becoming increasingly aware of the nutrient values of…

900,000 tractors sold in India

While the average size of a tractor in India is much smaller than in Europe or North America, the market…

New name, new ideas

KGM New Zealand, is part of the London headquartered Inchcape Group, who increased its NZ presence in August 2023 with…

Amazing Amazone drill - 75 years and counting

This year marks the 75th anniversary of the first Amazone seed drill – the 2m wide horse-drawn D1 launched in…

All-terrain fert spreading mode

Effluent specialists the Samson Group have developed a new double unloading system to help optimise uphill and downhill organic fertiliser…

» Latest Print Issues Online

dairynewscover

ruralnewscover

winegrowercover

Milking It

Plant-based bubble bursts

OPINION: Talking about plant-based food: “Chicken-free chicken” start-up Sunfed has had its valuation slashed to zero by major investor Blackbird…

Poor investments backfire

OPINION: Synlait's financial woes won’t be going away anytime soon.

» eNewsletter