Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
The Global Dairy Auction suffered its sixth successive fall last night with the average price index dropping 4.3% to US $2,412/MT.
The auction saw a price decline for almost all products offered.
Fonterra’s key product whole milk powder dropped 3.1% to US$2,309/MT, while skim milk powder declined 1.3% to US$1,982/MT.
However, butter saw the biggest decline dropping 10% to an average price of US$2,619/MT.
Large declines were also seen for anhydrous milk fat and butter milk powder, which fell 7.4% (US$3,112/MT) and 7% (US$1,795/MT) respectively.
Lactose and rennet casein also fell, with lactose down 6.9% to US$540/MT and rennet casein dropping 4.4% to US$5,789/MT.
Some 27,111 tonnes of product was traded, 4.4% more than at the previous auction.
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
The Rural Change programme, providing free private mental health professional sessions to the rural industry, is set to continue its next chapter within Rural Support Trust from 1 July 2024.
Beef + Lamb New Zealand chief executive Sam McIvor will step down in July.
A new report shows farm employers across the dairy, sheep and beef, and arable sectors have continued to invest strongly in one of their greatest assets – their staff.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.
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