Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Federated Farmers is saddened to see Simon Couper resign as Fonterra Shareholders Council chair, says Feds dairy chairman Willy Leferink.
"Simon is a man of honour and it speaks volumes that he stuck to his guns under what is an intense pressure cooker environment," says Leferink.
"That's something I know only too well. The lobbying is frankly unbelievable from all sides.
"Simon is a hard working and intelligent man who believes strongly in Fonterra as a 100% farmer controlled cooperative."
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.
While the Government has moved quickly to make commercial hauliers' lot easier during the current fuel crisis, they appear to be stuck in the creep box when it comes to the agricultural industry.