Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
OPINION: In 2021 a group of prominent academics got ’cancelled’ for daring to oppose changes to the school curriculum that put all mātauranga Māori (Māori knowledge), which can incorporate spiritual elements, on par with empirical science.
KC Gary Judd, a QC/KC for 29 years, got similarly hammered for opposing the introduction of tikanga, or Māori societal lore (not ‘law’), as a compulsory subject for law degrees.
Activist PC judges are now steadily pushing these concepts into the legal system with their rulings, such as with the decision to allow activist and amateur arborist Mike Smith to take Fonterra to court, effectively for ‘causing global warming’ with Smith, under tikanga ‘rules’, allowed to take the case ‘on behalf of the land and sea’.
Synlait has swung to second-half profit as operations stabilise, but the dairy processor still posted a $75.4m annual loss.
LIC shareholders have elected a new North Island representative to the co-operative's Board, along with five representatives to its Shareholder Reference Group (SRG), following the company's Annual Meeting held in Invercargill.
Farmers across parts of Southland and South Otago are continuing to deal with difficult conditions after a prolonged run of wet weather, with pressure building around feed supply, stock management, pasture damage, farm infrastructure and everyday workloads.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.