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Open Country expects Chinese rebound

Open Country chief executive Mark De Lautour says they don’t believe that a significant turnaround in the Chinese economy is required to improve their purchasing behaviour.

The country's second largest milk processor is optimistic that global demand for dairy products will improve end of this year.

Rural trader braces as commodity prices dip

PGG Wrightson’s chief executive, Stephen Guerin, and acting chair, U Kean Seng.

Rural services trader PGG Wrightson is bracing for a challenging year ahead as commodity prices continue to slide.

Methane inhibitor finally gets the green light

Bovaer contains 10-25% of 3-nitrooxypropanol (3-NOP) – a chemical that is new to New Zealand.

The makers of a feed additive that reduces methane emissions in livestock says the green light from the Environment Protection Authority (EPA) is an important step to register it in New Zealand.

Boost income, reduce costs

Ben Allomes says farmers can to some degree control their costs, but when it comes to income, they are price takers.

I'd rather have cost inflation than income deflation, says Woodville dairy farmer and former industry leader, Ben Allomes, in response to the present crisis facing dairy farmers.

Happy cows, happy life

Shannon farmer Jarrod Rider says cows are happy inside the SmartShelters and produce more milk.

Manawatu farmer Jarrod Rider believes happy cows and staff should be the bottom line of dairy farming.

Plenty of uncertainty at this stage

Farmers are being urged to budget on a milk price in the lower half of Fonterra's present guidance range, $6.25 to $7.75/kgMS.

Advance rate

Fonterra may need to provide additional support to cash-strapped farmers if the forecast milk price continues to fall.

Keeping costs down is key

Fonterra farmers are keeping costs down on farm and want their co-op to do the same.

Fonterra farmers are cutting costs on farm and expect similar discipline from their co-operative.

Scope three dilemma

Fonterra Co-operative Council chair John Stevenson says scope three emissions target is not something on the minds of shareholders right now.

Fonterra is getting a clear message from farmer shareholders - don't burden them with new requirements and costs.

Bad day ends on high note for Fonterra farmers

Fonterra will pay out $800 million today as capital return to shareholders.

A day of bad news for Fonterra farmers is ending on a high note – the co-operative is paying out $800 million today as capital return to shareholders.