Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Fonterra Shareholders Council chairman, Ian Brown and deputy chairman Philip Palmer have been re-elected for another term.
Brown says he appreciated the support he and Palmer have received from fellow councillors.
"I look forward to continuing to lead the council as we work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Their terms began last week and will run for 12 months.
The Government is set to announce two new acts to replace the contentious Resource Management Act (RMA) with the Prime Minister hinting that consents required by farmers could reduce by 46%.
Prime Minister Christopher Luxon says withdrawing from the Paris Agreement on climate change would be “a really dumb move”.
The University of Waikato has broken ground on its new medical school building.
Undoubtedly the doyen of rural culture, always with a wry smile, our favourite ginger ninja, Te Radar, in conjunction with his wife Ruth Spencer, has recently released an enchanting, yet educational read centred around rural New Zealand in one hundred objects.
Farmers are being urged to keep on top of measures to control Cysticerus ovis - or sheep measles - following a spike in infection rates.
The avocado industry is facing an extremely challenging season with all parts of the supply chain, especially growers, being warned to prepare for any eventuality.