Less hot air
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The 'longevity of uncertainty' is what's driving the lowest level of farmer confidence in more than a decade, says farming leader Ben Allomes.
Farmers are being told to expect tight times ahead as the projected milk price was revised to a new mid-point range of $7 following the Global Dairy Trade (GDT) auction earlier this month.
The country's second largest milk processor is optimistic that global demand for dairy products will improve end of this year.
Rural services trader PGG Wrightson is bracing for a challenging year ahead as commodity prices continue to slide.
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.
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.
Manawatu farmer Jarrod Rider believes happy cows and staff should be the bottom line of dairy farming.
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.
Fonterra may need to provide additional support to cash-strapped farmers if the forecast milk price continues to fall.
Fonterra farmers are cutting costs on farm and expect similar discipline from their co-operative.
More...
Fonterra is getting a clear message from farmer shareholders - don't burden them with new requirements and costs.
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.
Herd Improvement company LIC’s earning guidance has taken a hit as this season’s forecast milk price for farmers continues to plummet.
Just two weeks after slashing its forecast milk price mid-point by $1, Fonterra has shaved another 25c off.
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