Monday, 20 February 2012 16:18

Feds to meet Fonterra on TAF

Written by Pamela Tipa

font size decrease font size increase font size

Following Federated Farmers Dairy Council last week, the federation's dairy executive and Fonterra board are to meet.

"Our Dairy Council has spent some time on Trading Among Farmers," says Willy Leferink, Federated Farmers Dairy chairperson.

"We've agreed to meet with Fonterra's Board in the next few weeks to go through points our council members have raised.

"Trading Among Farmers is a very big decision and will be a defining point in Fonterra's evolution," Leferink says.

More like this

Fonterra's record forecast organic milk price

Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.

Aussie farmers get A$8.60/kgMS as opening milk price

Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS - NZ74c less than New Zealand suppliers, based on the current exchange rate.

Record $10/kgMS milk price forecast means extra cash for Fonterra farmers

A record $10/kgMS opening forecast milk price for the new season means more money into Fonterra farmers pockets early, says Federated Farmers dairy chair Richard McIntyre.

Solid third quarter result for Fonterra

Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.

Bakers prefer butter, helping prices soar

Consumers around the world are willing to pay more for products containing dairy and this is driving demand for butter and cream, says Fonterra.

Featured

Apples and Pears NZ to focus on boosting grower returns

The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.

NZ scientists make breakthrough in Facial Eczema research

A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.

LIC Space folds for good

Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.

Editorial: Time for common sense

OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).

2024–25 apple harvest exceeds expectations, says Apples and Pears NZ CEO

The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.

Fieldays 2025 unveils new sustainability initiatives with industry partners

Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.

National

Tax expert hails 20% deduction as golden opportunity for agribusiness investment

A tax advisory specialist is hailing a 20% tax deduction to spur business asset purchases as a golden opportunity for…

Sheep and beef farmers approve FMD readiness agreement with government

Sheep and beef farmers have voted to approve Beef + Lamb New Zealand signing an operational agreement between the agricultural…

ASB and Lincoln University Report: Smarter Land Use Could Unlock Billions for NZ Farmers

A new report from ASB and Lincoln University shows how smarter, more diverse land use could unlock billions in value…

Rural Women New Zealand welcomes $250K government funding to support rural communities

Rural Women New Zealand (RWNZ) says it is delighted by the Government’s announcement that it would invest $250,000 in the…

Wairoa Mayor: Road upgrades between Napier and Wairoa will boost safety and accessibility

The road between Napier and Wairoa is on the mend.

Machinery & Products

Calf feeding boost

Advantage Plastics says it is revolutionising calf meal storage and handling, making farm life easier, safer, and more efficient this…

JD's precision essentials

Farmers across New Zealand are renowned for their productivity and efficiency, always wanting to do more with less, while getting…

Kioti carves out a miracle among the big boys

Distributed by Power Farming Group, the Kioti tractor brand has carved a niche for itself over the past two decades…

Autosteering increases precision, reduces machine operator fatigue

With the price of guidance systems dropping like a stone over the last decade and substantial falls in the last…

Valtra launches sixth-gen S-Series tractors in Australia and New Zealand

Manufactured at its Suolahti factory in Finland, Valtra has released the sixth-generation S-Series tractor range for Australia and New Zealand.