Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Fonterra has copped a fair bit of stick from the Hound over the years. However, on this occasionyour old mate would like to give the dairy co-op some well-deserved praise.
It has changed a tanker collection time so that 35-year-old Andrew Oliver (one of about eight people in the world living with Fryns-Aftimos syndrome) can keep to his nightly routine of watching the tanker collect his dad Ken’s milk before going to bed at a decent time.
Apparently, Andrew, whose mental age is about six, would not go to bed until the milk tanker had been -- a problem when the collection time was 2am.
However, after his dad phoned Fonterra’s call centre to explain the family’s problem, the co-op decided to change its entire milk tanker schedule in the Te Rapa district to oblige.
Fonterra Edendale has been recognised with the Mars Dairy Supplier Quality Award for the top performing supplier sites in the global food company's dairy supply chain.
Sheep milk processor Maui Milk has achieved grass-fed certification of milk supply against the AsureQuality Grass-Fed Scheme.
OPINION: What goes up must come down. So, global dairy prices retreating from lofty heights in recent months wouldn’t come as a surprise to many farmers.
Fonterra directors and councillors are in for a pay rise next month.
Federated Farmers says it is cautiously welcoming signals from the Government that a major shake-up of local government is on its way.
Ashburton cropping and dairy farmer Matthew Paton has been elected to the board of rural services company, Ruralco.