increase font size
Europe is trying to rein in milk production by its 52,000 dairy farmers by paying them to not produce milk.
Farmers have rushed to get the cash ‘carrot’ -- 150 million euro (NZ$233 million). Agricultural commissioner Phil Hogan predicts this will cause production to fall at least 2% by late 2016, after four years of continuous increase.
It’s a last resort, said an EU official, after an earlier attempt to rein in the farmers failed. Each farmer who applies will milk 20 tonnes less (average) and will get 2800 euros (NZ$4363) compensation.
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.
OPINION: Milking It reckons if you're National, looking at recent polls, the dream scenario is that the elusive economic recovery…
OPINION: Sydney has a $12 million milk disposal problem.
