Displaying items by tag: dairy

Westpac analyst Michael Gordon says dairy prices may fall slightly over the year as global production bounces back from last year’s depressed levels.

Fonterra’s milk suppliers in Australia will receive between A$5.70/kgMS and A$6.10/kgMS in the new season- this includes an additional A40c/kgMS for all current, retired and recommencing suppliers.

Fonterra has temporarily shut down its Edgecumbe site, in Bay of Plenty, as a result of flooding.

Authorities in Fiji have blocked a ship, carrying palm kernel expeller (PKE) for New Zealand’s dairy industry, from entering its waters to clean its infested hull.

Selwyn Cushing has stepped down as chairman of industrial rubberware maker Skellerup Holdings, after 10 years in the role.

Federated Farmers Dairy chairman Andrew Hoggard is worried that an appeal against a Greenpeace advertisement ruling on river pollution could prolong unfair media coverage.

GDT Global dairy prices were up slightly overnight, stemming two consecutive drops in the GDT price index.

As New Zealand marks the one-year anniversary of its Free Trade Agreement (FTA) with South Korea, Fonterra is gearing up to take advantage of huge potential for its dairy products there, particularly cheese.

Fonterra says milk collection across New Zealand for the seven months to 31 December reached 881 million kgMS, 5.5% lower than the same period last season.

Fonterra and LIC are in the final stages of developing an online tool, Agrigate, designed specifically to help farmers improve their farm performance through the use of their existing data.