Data sharing initiative wins national award for saving farmers time
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
Global dairy prices have continued their downward slide.
The Global Dairy Trade (GDT) event overnight concluded with the GDT Price Index down 2%, compared to the previous event.
For NZ farmers, the biggest worry will be the continued drop in whole milk powder prices, the benchmark used by Fonterra to set its milk payout.
WMP price dropped 2.9% to US$2,665/MT.
Key results
AMF index down 1.3%, average price US$5,044/MT
Butter index down 1.7%, average price US$4,045/MT
BMP index up 0.8%, average price US$2,568/MT
Ched index down 4.6%, average price US$3,250/MT
LAC index down 2.7%, average price US$902/MT
RenCas index down 2.9%, average price US$5,327/MT
SMP index up 1.2%, average price US$1,997/MT
SWP index not available, average price not available
WMP index down 2.9%, average price US$2,655/MT
Boutique Waikato cheese producer Meyer Cheese is investing in a new $3.5 million facility, designed to boost capacity and enhance the company's sustainability credentials.
OPINION: The Government's decision to rule out changes to Fringe Benefit Tax (FBT) that would cost every farmer thousands of dollars annually, is sensible.
Compensation assistance for farmers impacted by Mycoplama bovis is being wound up.
Selecting the reverse gear quicker than a lovestruck boyfriend who has met the in-laws for the first time, the Coalition Government has confirmed that the proposal to amend Fringe Benefit Tax (FBT) charged against farm utes has been canned.
Holstein Friesian excellence was front and centre at the 2025 Holstein Friesian NZ (HFNZ) Awards, held recently in Invercargill.
The work Fonterra has done with Ballance Agri-Nutrients Ltd, LIC and Ravensdown to save farmers time through better data connections has been recognised with a national award.
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