So, cows are a major source of methane but how do you measure how much gas a cow burps?
Fonterra and its global peers believe future prices will show that the dairy market is not as imbalanced as the current prices indicate, John Wilson says.
Plummeting oil prices haven’t translated into much cheaper fertiliser yet and it’s unlikely they will any time soon, says Ravensdown.
Fonterra has lifted its forecast farmgate milk price the 2014 season by 30 cents to $7.80 per kg/MS.
Fonterra has lifted its forecast farmgate milk price for the 2013-14 season by 50 cents to $7.50/kgMS.
A total of 328 farms have applied to supply 37 million kgMS for Fonterra's Guaranteed Milk Price (GMP) pilot for the 2013/14 season.