Survey shows most Fonterra farmers plan to use capital return for debt reduction
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Two Fonterra cheeses have won silver awards at the international Cheese Awards held recently at Nantwich, UK.
Among the most important events in the global cheese calendar, the awards attracted a record 5685 entries in categories that ranged from traditional farmhouse to speciality Scandinavian.
Cheeses from the smallest boutiques to the world’s largest brands vied for top honours.
NZ Milk Products Vintage Cheddar won second place in the Vintage Cheddar Cheese Class (over 18 months), open to non-UK creameries. This is made at Fonterra’s Lichfield, Waikato site and is matured for up to 24 months before release.
NZMP Noble Cheddar won silver for Best in New Zealand Cheese Class. It is made at Fonterra’s Hautapu, Waikato site.
Plant manager Hautapu Cheese, Ross Burdett, and Fonterra process project manager and cheesemaker Iain O’Donnell from the Lichfield site, agree on the honour of having their work recognised on the world stage.
Burdett says the team is proud to receive the silver for Best in New Zealand Cheese award, an “acknowledgement of the hard work and care they take to make consistently great cheeses”.
O’Donnell says the Vintage Cheddar Cheese is one “we are really proud of and enjoy making. It is great to be recognised globally for it.”
Fonterra dairy foods category director Casey Thomas says coming up against their European counterparts allows them to “receive independent affirmation that we produce some of the world’s best cheddar cheeses”.
Established in 1897, the International Cheese Awards at Nantwich is the biggest cheese show in the world, attracting entries from 50 different countries, including USA, Australia, Canada and New Zealand. Visitors sample and buy the cheeses on display and watch cheese-making demonstrations and celebrity cooking shows.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.