Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra Shareholders Council chairman, Ian Brown has been re-elected unopposed for a third term.
Brown is looking forward to leading the council for another 12 months. "I appreciate the support I continue to receive from councillors," he says.
The council has a new deputy chair; Duncan Coull was also elected unopposed and takes up his new role on July 29 for a 12 month term.
Coull was elected to the council in 2010 to represent the Otorohanga ward; he also serves as the chair of the council's representation committee.
He replaces Philip Palmer who is stepping down from the role after two terms.
Brown praised Palmer's contribution as deputy chair.
"Philip's support was incredibly valuable during what was a pivotal two years for the council and our cooperative and I thank him for his hard work and dedication.
"I now look forward to working with Duncan and am confident he will do a great job for the council as we continue to work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Waikato dairy farmer Neil Bateup, made a companion of the New Zealand Order of Merit (CNZM) in the New Year 2026 Honours list, says he’s grateful for the award.
Another Australian state has given the green light to virtual fencing, opening another market for Kiwi company Halter.
Farmer interest continues to grow as a Massey University research project to determine the benefits or otherwise of the self-shedding Wiltshire sheep is underway. The project is five years in and has two more years to go. It was done mainly in the light of low wool prices and the cost of shearing. Peter Burke recently went along to the annual field day held Massey's Riverside farm in the Wairarapa.
Applications are now open for the 2026 NZI Rural Women Business Awards, set to be held at Parliament on 23 July.
Ravensdown has announced a collaboration with Kiwi icon, Footrot Flats in an effort to bring humour, heart, and connection to the forefront of the farming sector.
Forest & Bird's Kiwi Conservation Club is inviting New Zealanders of all ages to embrace the outdoors with its Summer Adventure Challenges.
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