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.
A mate of the Hound recently came across a Fonterra advert for an employee communica- tions advisor – fair dinkum!
The Hound’s mate reckons it would be one of the toughest roles round, given that 1000 or so co-op employees are in for the chop as part of Fonterra’s current restruc- ture. The job ad euphemistically says, “Fonterra is going through a period of significant change and you will be responsible for imple- menting employee communi- cations strategies across the co-op...”. In other words, the job is to tell the lucky 1000 or so people nominated by the dairy giant’s big cheeses – in the nicest possible way – that they are in for the big DCM (don’t come Monday). Good luck with that!
National’s much-touted free trade deal with India featured in the Rural Issues Debate at Mystery Creek, Hamilton on Wednesday night.
New Zealand's 2026-27 freshwater fishing season has opened, with anglers encouraged to head to rivers and lakes over the coming days as conditions look favourable across much of the country.
Central Otago District Council (CODC) has voted against a plan to spread treated sewage sludge from Cromwell and Alexandra on farmland near Lauder, a decision Federated Farmers says reflects strong opposition from rural residents.
Pāmu has released its FY26 Integrated Annual Report, reporting a Net Operating Profit of $113 million, more than double the $49 million recorded in FY25.
Meat Industry Association data, released alongside the Red Meat Sector conference in Wellington, shows export value climbing across the US, China, UK and Canada.
Applications are set to open for the 2027 Zanda McDonald Award, a trans-Tasman award recognised for identifying and fast-tracking talented young leaders in agriculture and agribusiness.