In a letter to Australian suppliers, Fonterra Oceania managing director David Breckenridge notes that their opening price is higher than the current season.

Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS -  NZ74c less than New Zealand suppliers, based on the current exchange rate.

Scenes from the farmer protests in the UK last year.

Volatile input costs, fluctuating commodity prices, a reduction in direct payments and one of the wettest periods in decades that resulted in a disastrous harvest, have left their mark and many UK farming businesses worse off.

The Victorian state government in Australia and its dairy sector have jointly launched a new innovative research programme to improve soil health.

Australia's largest dairy co-operative Norco is back making ice cream, 18 months after a catastrophic flood destroyed its manufacturing plant.

While New Zealand seems to be treading water on the subject of pricing emissions and the future of He Waka Eke Noa (HWEN), pending a new government, the Netherlands has been clearer on its proposed farm buy-out scheme, as part of its effort to reduce nitrogen emissions by at least 55% by 2030.

Dairy farmers in the Australian state of Victoria had a record profitable 2022-23 season, thanks to high milk prices and carefully managed high costs.

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