An $8/kgMS milk price will 'bring no joy to farmers'
A Waikato accountant says dairy farmers putting together their budget for 2025 won’t have much to cheer for even with an $8/kgMS forecast milk price.
John Wilson has been appointed the chairman elect of Fonterra.
Wilson will take up the role of chairman when Henry van der Heyden stands down as chairman at the cooperative's annual meeting in December.
Van der Heyden says Wilson brings lengthy experience in the dairy industry and has been on the board since 2003.
Wilson is a previous chairman of the Fonterra Shareholders Council. He lives on his family dairy farm near Te Awamutu and also manages a dairy farming business in South Canterbury. He is the chairman of South Auckland Independent Testing Society Ltd and a director of Turner & Growers Ltd.
"Over the past two years the board has been working through a considered and disciplined process to appoint a chairman elect and ensure the succession plan we have is in the best interest of the cooperative," says van der Heyden.
"John and I will work together over the next few months to assist with a smooth transition to provide continuity for the cooperative."
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It’s World Milk Day today (June 1), a time to celebrate the vital role that milk, and dairy products play in our lives and acknowledge the tremendous contributions of the New Zealand dairy sector.
A Waikato accountant says dairy farmers putting together their budget for 2025 won’t have much to cheer for even with an $8/kgMS forecast milk price.
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In the rural landscapes of New Zealand and Ireland, a shared agricultural heritage thrives, built on a strong mixture of tradition and innovation, with mirror image climates earning both countries global acclaim for their food quality and sustainable agriculture.
The National Fieldays brings together farmers, innovators, industry leaders, and rural enthusiasts.