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.
Speaking of Fonterra, the Hound received a curt note from a failed board candidate in last year's election...
The note was 'thanking' this old mutt for helping publicise his run as a director in 2014 – claiming it helped lift his profile (what do they say about all publicity being good publicity?). Anyway, the said column referred to a lack of talent among the challengers last year and described the talent pool of potential directors as being "as shallow as the puddle out the back of the Hound's kennel". Anyhow, the said failed candidate claims, "Got to say though that you did lament the caliber [sic] (or lack of) in the challenging pack last year. Surely now with the untrained lot hoping to get onto a sinking lid board this will make last year's lot look like rocket scientists". The Hound reckons his newest 'fan' does make a fair point!
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.
Fears of a serious early drought in Hawke’s Bay have been allayed – for the moment at least.

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