Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
EU dairy exports rose 6% in May (22,000MT) vs the same month in the previous year.
Fonterra says increases were seen in all major dairy categories, excluding SMP which fell 27%.
The EU’s two largest export categories, fluid and fresh dairy and cheese, both rose 17%. Exports are up 12% (551,000MT) for the 12 months to May vs the same period last year. Export increases are seen in fluid and fresh dairy (+27%), cheese (+12%) and whey powder (+11%).
US dairy exports in June rose 2% (4000MT) vs the same month in the previous year. A fall in the major export categories of SMP, lactose and cheese were offset by rises in whey powder, WMP and WPC/WPI, up a combined 16,000 MT.
Asia (excluding China) dairy import volumes rose 7% (25,000MT) in May vs the same month the previous year. Significant rises in fluid and fresh dairy and whey powder (+26%) and WMP (+20%) were partially offset by falls in SMP, cheese and lactose. Imports for the 12 months to May are up 2% (91,000MT) vs the same period in the previous year.
China dairy imports rose 9% (16,000MT) in July vs the same month last year. Big rises in fluid and fresh dairy and cheese, both up 37%, were partially offset by falls in SMP, whey powder and lactose.
The largest contributions to China’s growth have been fluid and fresh dairy and infant formula.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
Meat processor Alliance Group is asking farmer shareholders to inject more capital in order to remain a 100% co-operative.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Dairy
Rural banker Rabobank is partnering with Food Rescue Kitchen on a new TV series which airs this weekend that aims to shine a light on the real and growing issues of food waste, food poverty and social isolation in New Zealand.
Telco infrastructure provider Chorus says that it believes all Kiwis – particularly those in the rural areas – need access to high-speed, reliable broadband.
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