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Returns 'not good enough'

Fonterra chair Peter McBride, Anya Wicks, director governance, risk and audit and outgoing director Leonie Guiney at the AGM last week.

Fonterra leaders are making their case for offloading the co-operative's $3 billion consumer business, noting that its return on capital has been nowhere near respectable.

Record milk price!

Fonterra is forecasting a mid-point of $9.50/kgMS and the upper end of its forecast range touches $10/kgMS.

A record farmgate milk price for Fonterra shareholders is all but confirmed for this season.

Taranaki piggery goes solar

The panels with 200kw capacity have been installed in a paddock at the farm at Oaonui, near Opunake.

Installing 400 solar panels at their Taranaki piggery and cropping operation will have significant environmental, financial and animal welfare benefits for the Stanley family.

Wool processor partners with community for swimming pool project

WoolWorks has partnered with the Lions Club of Riverton to help raise money for much-needed repairs to the Southland town’s swimming pool.

WoolWorks, New Zealand’s largest wool-scouring company, has partnered with the Lions Club of Riverton to help raise money for much-needed repairs to the Southland town’s swimming pool.

Upcoming farmer meetings with PM 'to boost confidence'

Prime Minister Christopher Luxon with Federated Farmers president Wayne Langford and Agriculture Minister Todd McClay.

Prime Minister Christopher Luxon will be fronting farmers at three large public meetings organised by Federated Farmers over the coming weeks.

Feds, Westpac butt heads over emissions reduction targets

Westpac NZ head of agribusiness, Tim Henshaw.

Federated Farmers and a major Australian-owned bank are at loggerheads over emissions reduction targets set for New Zealand farmer clients.

Seed drills carry a new distributor head

Dynamic tramlining allows the ability to switch from 125mm to 250mm row spacing on the move, with the touch of a button.

Väderstad’s Rapid A 400-800S, Rapid A 600-800C, Spirit 400C/S and Spirit 600-900C/S pneumatic seed drills have received a new distributor head that can be fitted with motors for all outlets.

Solid performer at a sharp price

A major selling point for the U10 Pro range is the electric push-button gear selection.

Waikato dairy farmer Dan Hinton reckons the main reason he hasn’t bought a side-by-side yet is the purchase price, with many brands offering little or no change from $30k to $40k.

An ideal solution for larger farms

Designed specifically for large farms that want to drill with maximum flexibility, efficiency and power, the new Lemken Solitair ST seed drill offers a useful entry into precision farming.

Next generation dual command tractor

Recently showcased in France and set for a wider release at the upcoming EIMA Show in Bologna, the latest New Holland T5 Dual Command tractor range offers five models from 80-117hp, all powered by FPT F36 3.6-litre four-cylinder engines.