It's all about economics
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a 'please explain' from her former employer Fonterra.
OPINION: Will synthetic milk derail NZ's economy?
According to media reports, professor of econiomics at Auckland University of Technology, Niven Winchester, believes further development of synthetic milk could seriously disrupt the entire economy.
The scale of disruption though would vary, and there is slow progress at present towards making synthetic milk economic. Even so, dangers lie around the corner, according to Wichester.
"Large-scale production of synthetic dairy products - that decreases the price of New Zealand's largest export commodity - will have a significant negative impact on this economy," Winchester says.
This issue has arisen after years of analysis which argues that putting grass into a cow is wasteful because a lot of the output is diverted into growth of the animal. The claims is, putting a feedstock such as sugar into a test tube could produce milk which has less waste and lower environmental side effects.
Converting a Banks Peninsula farm to dairy is expected to reduce its environmental footprint by 46%, say its owner and manager.
Fonterra shareholders are being urged to deliver a strong and clear mandate on the proposed $4.22 billion sale of consumer and related businesses to Lactalis.
Open Country Dairy has finalised a deal to acquire 100% of Miraka.
Fonterra has unveiled the first refrigerated electric truck to deliver dairy products across Auckland.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
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OPINION: Sydney has a $12 million milk disposal problem.