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.
OPINION: Your canine crusader understands calls by the Waikato Chamber of Commerce for Fonterra HQ to quit its Auckland office for the dairying heartland has been rebuffed.
Chamber chief executive Don Good said the reason why the dairy co-op has its HQ in the Viaduct, downtown Auckland, beats most people, including their farmer shareholders.
“As a cornerstone of Peter McBride (Fonterra chairman) and Miles Hurrell’s (CEO) campaign to reconnect Fonterra with its stakeholders, Fonterra needs to come back home to the Waikato,” Good argued.
However, Fonterra is unmoved by his argument and says it’s not shifting its Auckland HQ or the 1221 staff who work there.
Ironically, during the 3 month lockdown in Auckland, the co-op’s flash waterfront HQ has been a ghost town, as most people worked from home.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Farmer-owned co-operative Ballance Agri-Nutrients is ceasing phosphate manufacturing at its Mount Maunganui site.
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.
Taranaki veterinarian Dr Rob Mills is the new president of New Zealand Veterinary Association (NZVA).
Input costs can make or break a season for farmers and electricity is one of the largest expenses.