Fonterra milk price good news for farmers and for New Zealand. With the 2021/22 season well underway, Fonterra has increased and narrowed its forecast farmgate milk price to $7.90-$8.90 per kgMS, up from its previous forecast $7.25. The mid-point is up from $8.00 to $8.40. Fonterra observed that the $8.40 would equal the highest farmgate […]
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Primary sector returns strengthen export-led recovery
Farmers’ hard work in leading New Zealand’s export-led recovery from COVID-19 is being rewarded with high prices forecast for milk and very strong returns for meat, says Trade and Export Growth and Agriculture Minister Damien O’Connor. Fonterra announced today a record predicted milk price of $7.90 to $8.90 for the coming season. The mid-point of […]
Sustainability score card shows good progress for Fonterra
Fonterra has released its sustainability score card summarising progress towards its people and environmental targets. Fonterra COO Fraser Whineray says “transparently reporting across a range of sustainability metrics is very important for our Co-operative. At the time of our annual results release next week we will also publish our fifth Sustainability Report. This covers in […]
Fonterra responsible dairying award nominations open
Nominations to a national award that flushes out dairy farmers who demonstrate innovation and passion in their approach to sustainable dairying are open until March 20th. The Fonterra Responsible Dairying Award was introduced by the New Zealand Dairy Industry Awards to recognise those dairy farmers who are respected by their farming peers and their community […]