Fonterra’s first fixed milk price event attracted 215 farms, offering over 11 million kgMS to the co-op for $6.75/kgMS.
A new $25.68 million innovation programme for New Zealand’s dairy industry will drive improvements in the health and wellbeing of the national dairy herd and a step-change in sustainable milk production.
New Zealand’s primary sector exports continue to surpass expectations, with revenue forecast to grow 7.1% on the previous financial year.
The painted rock hide-and-seek craze that has taken the world by storm over the past couple of years has popped up at National Fieldays.
Former Fonterra chairman John Wilson passed away this morning after a hard-fought battle with illness, the co-op announced.
New Zealand commodity prices are likely to feel downward pressure over the year, says ASB senior rural economist Nathan Penny.
Fonterra will offload its Farm Source livestock business to family-owned business Carrfields Livestock on March 1.
Fonterra’s farm gate milk price faces another revision following the Global dairy Trade (GDT) auction overnight.