Arla targets $25b in total revenue
European dairy co-operative Arla Foods is forecasting a total revenue of nearly $25 billion this year.
At least 2000 farmers marched in London last month to pressure the Government to do more to address Britain's agricultural crisis.
Coachloads of farmers arrived at Westminster for a march organised by campaign group Farmers for Action, which wants the Prime Minister to acknowledge that there is "a major problem" in the agricultural sector.
"Falling prices across the industry are making production unsustainable. People cannot take this any longer," said David Handley, a protest organiser and dairy farmer in Monmouth, South Wales.
Low wholesale prices for goods including milk and cereal have caused income to plummet for many UK farmers.
According to Government figures, the average income of dairy farmers will have dropped by 45% in this tax year to £46,500.
OPINION: Ministry for Primary Industries' situation outlook for primary industries report (SOPI) makes impressive reading.
Sheep and beef farmers Matt and Kristin Churchward say using artificial intelligence (AI) to spread fertiliser on their sprawling 630ha farm is a game changer for their business.
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
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