Synlait lifts milk price to $10
Canterbury milk processor Synlait Milk has lifted its forecast base milk price for the season by 50c to $10/kgMS.
Fonterra has launched its ‘carbonzero’ certified NZMP organic butter to the North American market, the first such ingredient product in its portfolio.
Kelvin Wickham, chief executive Fonterra Africa, Middle East, Europe, North Asia, Americas (AMENA), says that ‘carbonzero’ ingredients, like NZMP organic butter, can help unlock real benefits for customers.
“It helps them to meet their sustainability targets, signal environmental values, and grow brand preference and market share through differentiated products,” he says.
“Fonterra New Zealand dairy farming already has one of the world’s lowest on-farm carbon footprints, approximately one third of the global average, putting NZMP in a strong position to offer sustainability solutions that help customers reduce their environmental impact, while claiming an advantage in the market.”
To become ‘carbonzero’ certified, Fonterra has partnered with an independent company called Toitu Envirocare. This company measures the impact of producing the NZMP organic butter, all the way from farm and manufacturing, through to distribution and even the disposal of packaging by customers.
“Understanding our footprint means we can offset our impact with high quality carbon credits from projects, including native forest regeneration in New Zealand and gold standard renewable energy projects,” says Wickham.
Lara Phillips, senior manager of Fonterra Sustainability Solutions says it is delighted to be to offer NZMP customers a way to contribute to a lower carbon future.
NZMP organic butter ‘carbonzero’ certified is currently available to customers in the US. Over time, to support customer needs and demand, NZMP will look to broaden the portfolio to more product categories and regions.
Meat exporter Silver Fern Farms Ltd has told farmer suppliers that its proposed scope 3 emissions reduction targets won’t pick on individual farms.
Pricing agricultural emissions is wrong and there are better ways, says chair of Beef + Lamb NZ Kate Acland.
Alliance Group has turned a corner on a challenging two years following a comprehensive re-set over the past 18 months and is forecasting a return to profitability, farmer-shareholders were told at the company’s annual meeting in Gore today.
Rural Women New Zealand (RWNZ) says proposed changes to rural deliveries mean NZ Post is putting commercial viability ahead of the needs of rural communities.
Non-tariff trade measures (NTM) remain a problem for NZ exporters, according to Horticulture Export Authority (HEA) chief executive Simon Hegarty.
New Zealand’s horticulture sector is projected to reach a record $8 billion by 30 June 2025.
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