Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
OPINION: When Fonterra announced its Scope 3 emissions target this month, you might have thought that would please Greenpeace.
But it seems whatever dairy farmers do, it won’t be enough for the lobby. Greenpeace rubbished Fonterra’s plan and again called for fewer cows and less fertiliser use.
So, Feds president Wayne Langford has rightly put the boot into Greenpeace. Nothing Fonterra could have announced would have been good enough for Greenpeace because they’re anti-farmer and anti-science, he says.
“They’re totally fixated on an impractical plan to halve the herd and to ban fertiliser, but that’s completely out of touch with what most Kiwis want. New Zealanders liked Greenpeace a lot more when they stuck to saving whales. They should get back to that and stop slagging off our worldleading farmers,” Langford said. We agree!
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.
The global agricultural landscape has entered a new phase where geopolitics – not only traditional market forces – will dictate agricultural trade flows, prices, and production decisions.
National Lamb Day is set to return in 2026 with organisers saying the celebrations will be bigger than ever.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
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