Lang is top cheesemaker, again!
Fonterra Brands' Cathy Lang has been crowned the country's best cheesemaker for the second time in three years.
Fonterra is maintaining its 2022-23 forecast farmgate milk price range of $8.50–$10/kgMS.
The co-op is also forecasting 2023 normalised earnings guidance of 45-60c/share.
Fonterra chief executive Miles Hurrell says the longer-term outlook for dairy remains positive.
“And in the medium-term, we expect to see an easing in some of the geopolitical events, namely the Covid-19 lockdowns in China and the economic challenges in Sri Lanka.
“This has been reflected in our earnings guidance and forecast farmgate milk price for the 2022/23 season.”
Hurrell says the co-op continues to monitor a number of risks.
“The strength of our balance sheet means we remain in a strong position to weather uncertainty and market volatility.
“Our ability to refocus our product mix through our diverse and flexible operations footprint means the co-op’s milk will continue to be delivered to wherever the most value can be obtained for our farmer owners.
“The future for our co-op is exciting,” says Hurrell.
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Craigmore Sustainables says it is committed to investing in professional and career development for its farm managers and employees.
Nine lucky school leavers passionate about farming will join Pamu for a two-year journey into agriculture, living and working at Pamu farm, Aratiatia near Taupo.
Nutritionists are urging Kiwis to kickstart their day with a piece of fresh fruit to help improve their health and wellbeing this autumn.
Under its innovation strategy, Craigmore Sustainables says it is collaborating with new innovators of technology across sustainability, people, animals and business management to enhance New Zealand's dairy sector.
Deeply cynical and completely illogical. That's how Kimberly Crewther, the executive director of DCANZ is describing the Canadian government's flagrant breach of international trade law in refusing to open its market to New Zealand dairy exports.