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Andrew Hoggard.
Fonterra’s lift in its payout to $6/kgMS puts a brighter note on the end of a tough week for farming.
Federated Farmers dairy chair Andrew Hoggard says this will be a huge boost to dairy farmers’ spirits after a difficult spring.
"The weather’s been kicking our guts over the last few months and that’s on top of what everyone knows has been a tough couple of years,” Hoggard says.
"This is going to boost everyone’s morale."
The announcement equates to about an extra 75 cents for the season.
"It’s good news. We are going to see dairy farmers feeling a lot more positive over the next couple of months, which is good news for the entire New Zealand economy," Hoggard says.
Federated Farmers is celebrating following the Government's announcement that young farmers will be able to use their KiwiSaver funds to buy their first home or farm.
Fonterra's 460 milk suppliers in Australia, who will switch to Lactalis end of this month, are unfazed with the impending change.
Fonterra farmer shareholders and unit holders are in line for another payment in April.
As expected, Fonterra has lifted its 2025-26 forecast farmgate milk price mid-point to $9.50/kgMS.
Fonterra farmer shareholders have approved the mechanism for a $2/share capital return expected from the sale of its global consumer and associated businesses.
Budou are being picked now in Bridge Pā, the most intense and exciting time of the year for the Greencollar team – and the harvest of the finest eating grapes is weeks earlier than expected.
The Real Estate Institute of New Zealand (REINZ) has released its latest rural property report, providing a detailed view of New Zealand’s rural real estate market for the 12 months ending December 2025.
Rural retailer Farmlands has released it's latest round of half-year results, labeling it as evidence that its five-year strategy is delivering on financial performance and better value for members.
OPINION: "We are back to where we were a year ago," according to a leading banking analyst in the UK, referring to US president Donald Trump's latest imposition of a global 10% tariff on all exports into the US.
DairyNZ says the Government’s proposed Resource Management Act reform needs further work to ensure it delivers on its intent.
Overseas Trade Minister Todd McClay says he's working constructively with the Labour Party in the hope they will endorse the free trade agreement (FTA) with India when the agreement comes before Parliament for ratification.
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