Now that the circus surrounding the Budget’s release has subsided, Milking It makes the following observations about some of its…
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.
About 9000 Fonterra farmers have so far bought goods and services via the co-op’s new Farm Source rewards scheme, earning $3 million in reward dollars.