Fonterra farmers are disappointed with the final payout of $4.65/kgMS for last season.

Fonterra expects to collect 5% less milk this season compared to last year.

Fonterra chief executive, Theo Spierings, says improved second half results in the 2015 financial year were driven by a strong focus on cash and costs.

Fonterra has lifted its 2015-16 forecast payout by 75 cents to $5.00 to $5.10/kgMS.

The farmgate milk price increases to $4.60 and the dividend payment remains at 40 to 50c/share.

Waikato Milking Systems is buying one of New Zealand's leading dairy effluent management solutions companies, Hi-Tech Enviro Solutions.

Oceania Dairy has announced they will supply farmers with a guaranteed minimum milk payout of $4.50/kgMS for the 2015-16 season.

Large passenger vehicles seem to lost favour in suburbia, giving way to utes as the macho movers and shakers. 

Craig Kusabs, chief executive of the Maori agribusiness, Tumunui Trust, says a desire to keep things simple prompted the choice of an Archway Group weeping wall effluent system.

Side-by-side farm vehicles are increasingly popular in the utility and recreational markets, and specialist maker Polaris has models showing high-performance pedigree.

Setting tyre pressures correctly, even for a humble farm tractor, is important for reducing compaction, precluding shallow ruts in difficult conditions and cutting fuel consumption.

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