Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
FONTERRA FARMERS bought at least 100,000 posts in one week as part of their effort to reach the co-op’s stock exclusion goal.
A fencing products promotion last month by Fonterra and its subsidiary RD1 Ltd has been dubbed a great success.
RD1 managing director Jason Minkhorst says about 2500 suppliers bought in.
“We we sold over 100,000 posts,” he told Rural News. “More was spent during the one week of the promotion than we could expect in store sales in a month; suppliers really responded to the offer.
“We’ve also got a clearer idea about regional product variations and will incorporate this knowledge into our national fencing campaigns.”
Fonterra in June 2012 launched a waterway management scheme requiring that farmers, under their supply contracts, by December 1, 2013 exclude stock from waterways by permanent fencing or planting.
Fonterra’s director global sustainability, Bruce Donnison, says the promotion is one way of helping farmers to achieve this.
“Protecting New Zealand’s waterways is important to everyone in our cooperative and we need to work together to make a difference.
“We know our farmers are working hard to make changes on-farm, but we also know there are big costs involved. We want to do what we can to get behind our farmers and support the work being done.”
The promotion included 50% off the price of fencing supplies, zero interest for three months on all fencing products, and free wire with all purchases over $1000. Barbecues were held at RD1 stores around the country during the promotion.
Minkhorst says farmers enjoyed getting off-farm and catching up with neighbours, and supplier feedback suggested that having Fonterra field representatives and RD1 staff together at one time was helpful, especially for farmers yet to finish their exclusion fencing.
“They now have a clear understanding of what they need product wise and the best approach for their particular property.”
Legal controls on the movement of fruits and vegetables are now in place in Auckland’s Mt Roskill suburb, says Biosecurity New Zealand Commissioner North Mike Inglis.
Arable growers worried that some weeds in their crops may have developed herbicide resistance can now get the suspected plants tested for free.
Fruit growers and exporters are worried following the discovery of a male Queensland fruit fly in Auckland this week.
Dairy prices have jumped in the overnight Global Dairy Trade (GDT) auction, breaking a five-month negative streak.
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
A booklet produced in 2025 by the Rotoiti 15 trust, Department of Conservation and Scion – now part of the Bioeconomy Science Institute – aims to help people identify insect pests and diseases.

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