MSA triumph
OPINION: Methane Science Accord, a farmer-led organisation advocating for zero tax on ruminant methane, will be quietly celebrating its first foray into fertiliser co-operative governance.
The country's two largest fertiliser traders have increased prices, for the second time in as many months.
Ravensdown and Ballance are blaming global supply and pricing dynamics for the latest price rise.
Both have bumped up urea prices by nearly 25% to $1,190/tonne.
Potash prices have also jumped by nearly $100/tonne. Ravensdown is selling potash at $995/t, Ballance at $1000/t.
Ravensdown has raised its superphosphate price from $339 to $367 but have told farmers that the new price will be maintained for the next six months.
According to the latest Federated Farmers banking survey, farmers are more satisfied with their bank and less under pressure, however, the sector is well short of confidence levels seen last decade.
Farmer confidence has taken a slight dip according to the final Rabobank rural confidence survey for the year.
Former Agriculture Minister and Otaki farmer Nathan Guy has been appointed New Zealand’s Special Agricultural Trade Envoy (SATE).
Alliance Group has commissioned a new heat pump system at its Mataura processing plant in Southland.
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Meat processors are hopeful that the additional 15% tariff on lamb exports to the US will also come off.

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