
From the Chair: Outlook for our sector
OPINION: Members will be aware of the significant challenges facing vineyards and wineries (highlighted in our 2024 Annual Report).
AS FONTERRA last month announced a 33% surge in half-year net profit, its share price had another story to tell.
WHILE THE drought is terribly painful to many dairy farmers – essentially it’s ruined a bumper season – it has brought to the fore some issues worth considering.
AS MORE regions are declared drought zones farmers can only despair of ill-informed comment – mainly by non-farmers and big-city media – showing up the rural/urban divide. It’s a chasm.
DAIRY FARMERS in the North Island are facing a stern test. Most regions haven’t had decent rain for two months, pasture has disappeared and milk production is at a trickle.
LIKE HANNIBAL getting 30-odd elephants across the Italian Alps (218BC), the dairy industry, plus ‘friends’, has succeeded in drafting a new agreement on how to prevent dairying from dirtying our fresh water resources.
FONTERRA SAYS it’s still collecting 10% more milk than last year, with about 65 million litres/day coming in.
OPINION: Members will be aware of the significant challenges facing vineyards and wineries (highlighted in our 2024 Annual Report).
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