The days of cafes getting milk in plastic bottles may be numbered if two young Dunedin entrepreneurs have their way.
Fonterra subsidiary, Farm Source is teaming up with a new online marketplace called TheMarket, operated by The Warehouse Group.
Fonterra’s first fixed milk price event attracted 215 farms, offering over 11 million kgMS to the co-op for $6.75/kgMS.
A company that makes fence posts from 100% recycled plastics has won an innovation award at the NZ National Fieldays.
Fonterra will offload its Farm Source livestock business to family-owned business Carrfields Livestock on March 1.
Fonterra is collecting milk from all operating farms in the earthquake damaged Culverden, Waiau and Amuri areas, as the co-op continues to run a support response out of its Farm Source store in Culverden.
Fonterra says Farm Source has delivered millions in value to more than 9000 Fonterra farmers since its launch in Methven a year ago.
With farmers under pressure, Fonterra is offering discounts and special payment terms through its Farm Source and RD1 stores.