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OPINION: It's that time of the year again when milk processors announce their annual results and final milk payout for the previous season.
It’s also the time when Fonterra farmer shareholders and those who supply independent processors watch the small Waikato processor Tatua show them a clean pair of heels in the payout race.
Just to refresh your memory, Tatua paid its 101 shareholder farms a whopping $12.30/kgMS for milk supplied last season, leaving Fonterra and other processors in the dust. The small co-op’s earnings for the 2022-23 season equated to $15.20/kgMS before retention. They retained $2.90/kgMS or $43 million for reinvestment in the business.
Fonterra, Synlait and Tatua are expected to announce their results towards the end of this month.
OPINION: Feds Southland 'pres' Jason Herrick and colleagues who continue the good fight against bureaucratic madness on behalf of farmers, have had another win - for now, at least - getting a court decision granting a 'stay' on rules in the Southland Water and Land Plan until changes can be made to section 70 of the RMA by central goverment, somtheing they clearly signaled after the election.
OPINION: Noted economist and self-promoter Cameron Bagrie took one look at KPMG's recently released Financial Institutions Performance Survey on banks and zeroes in one key number that suggests banks are so risk averse in this country that they are probably stifling growth and innovation.
Fonterra has named Elizabeth (Liz) Coutts the chair of Mainland Group, the proposed divestment entity of the co-operative’s consumer business.
A marked turnaround in the financial performance of Canterbury milk company Synlait has halted a threatening exodus of farmer suppliers.
Fonterra farmers are pleased with their co-operative's interim results, says Co-operative Council chair John Stevenson.
Investing in your people and in your own leadership skills is the path to success for a farming business, says economist Shamubeel Eaqub.
A leading farm consultant says it's likely the dairy season in the Waikato will come to a premature end because of the drought.
Dairy farming siblings Manoj Kumar and Sumit Kamboj's message to other immigrants is simple - work hard and you will be rewarded.
Last season was a mixed bag for Waikato contractors, with early planted forage maize, planted on the dry soils around Cambridge, doing badly after germination and failing to meet potential, says Jeremy Rothery, Jackson Contracting.
A marked turnaround in the financial performance of Canterbury milk company Synlait has halted a threatening exodus of farmer suppliers.
Unnecessary box ticking and red tape are set to go under the Government's new RMA reforms - much to the delight of farmers.
OPINION: Feds Southland 'pres' Jason Herrick and colleagues who continue the good fight against bureaucratic madness on behalf of farmers,…
OPINION: Noted economist and self-promoter Cameron Bagrie took one look at KPMG's recently released Financial Institutions Performance Survey on banks…
