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.

Global dairy prices plunged overnight putting further pressure on a depressed farmgate milk price.

Fonterra says it’s full-year dividend will be at the top end of its forecast range of 65-80c/share.

The Lemken SprayHub front tank can now be used with the SprayKit application unit and a rear-mounted hoeing machine for band spraying during hoeing.

German manufacturer Tobroco-Giant has added three telescopic wheeled loaders to the Giant G2700 series.

With the huge German Agritechnica Event scheduled to take place in Hanover in November, the next few months will undoubtedly see a host of manufacturers teasing us with some of their latest innovations.

When it comes to selecting beef sires for dairy, our breeding team identify sires whose trait information indicates they are genetically superior in calving ease, have a moderate gestation length, and have lower-than-average birth weights.

The highly anticipated 2023 Discovery Project team has been revealed, marking an exciting milestone for New Zealand Holstein Friesian breeders.

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