Fonterra lifts forecast milk price mid-point, advance rate
Fonterra has bumped up its forecast farmgate milk price for the season on the back of rising commodity prices and a strong balance sheet.
Rural insurer, FMG, has announced the prize draw winners of their milk quality awareness campaign.
Five dairy farmers received free on-farm consultations with QCONZ (Quality Consultants New Zealand), which included analysis of cow flow and milking processes.
Ten other dairy farmers were also presented with COWaPATCHe sticker dispenser kits to help track, manage and record critical dairy herd data.
The competition was part of FMG's risk awareness campaign to prevent milk contamination. FMG's statistics show farmers make at least 900 milk contamination claims worth over $2.2m each year. Nearly half of these claims are related to milk contaminated by antibiotics and 30% were related to plant failure.
FMG's general manager of advice and insurance Conrad Wilkshire says milk contamination is a prominent issue for the dairy industry. "When things go wrong with our clients, we're here to help them out, but contaminated milk can still cost farmers a lot in lost productivity, penalties and lost export income.
"We like to take a proactive approach and help to manage clients' risks. This competition was a great way to highlight the risks involved in milk production and reward our clients with prizes that continue to help ensure the highest milk quality with minimal interruption to their dairy operations."
This is the first year FMG has run this risk awareness campaign. The competition was sent out nationwide to FMG's dairy clients and included information about the risk of milk contamination and how to avoid it. For more information and advice about milk contamination, visit http://www.fmg.co.nz/risk-prevention-tips/milk-contamination
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
Free workshops focused on managing risk in sharefarming got underway last week.
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