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.
Questions are being raised about just how good the state of the dairy industry is - especially given that the average farmgate payout for the coming season is set to exceed $10/kgMS.
A leading financial and banking advisor says he doubts if most dairy farmers fully understand the dynamics of banking.
Dairy farmers are shoring up their balance sheets, with almost $1.7 billion of debt repaid in the six months to March 2025.
Virtual fencing company Halter is going global but for founder Craig Piggott, New Zealand farmers will always remain their main partners.
A former Fonterra executive is the new chair of the Dairy Companies Association of New Zealand (DCANZ).
New Federated Farmers national dairy chair Karl Dean is looking forward to tackling the issues facing the sector.
OPINION: Dust ups between rural media and PR types aren't unheard of but also aren't common, given part of the…
OPINION: The Hound hears from his canine pals in Southland that an individual's derogatory remarks on social media have left…