A Year of Delivery for Fonterra
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
Fonterra says the Government's new methane target is very ambitious and will need hefty spending on R&D to give farmers the solutions they need to achieve.
Carolyn Mortland, Fonterra’s director of sustainability, who attended the news conference with the Prime Minister and the Climate Change Minister last week, says the co-op believes it is possible to have a prosperous agricultural sector and positive environmental outcomes. But she dodged journalists’ questions on whether Fonterra would support any move to reduce dairy cow numbers to meet the targets of the new legislation.
She says change and challenges are a constant for farmers and have been for decades.
“When we give farmers the parameters they can operate in they change and adapt. What we are telling farmers to do is recognise that our customers, consumers and communities want sustainable, ethically produced food.
“We will support our farmers in all sorts of ways to achieve that,” she says.
Mortland says the Government targets have given a clear signal to farmers and NZ as to the direction of travel and Fonterra will work hand in hand with farmers to support them in this.
No surprises – O’Connor
Agriculture Minister Damien O’Connor says he’s not surprised at the farming sector’s reaction to the new legislation.
He says the provisional target for methane at the top end of the range was always going to cause alarm but it’s not for him to judge where it might finally end up.
O’Connor says the initial challenge for methane reduction of 10% by 2030 continues what has been occurring in farming for the last 15 years.
“Even now people are working on things such as plantain and other methods of reducing nitrogen fertilisers and a number of initiatives to keep ahead of climate change impact,” he says.
Overseer Ltd has released an update to OverseerFM, the farm environmental modelling software, incorporating research findings that refine its estimates of crop nitrogen uptake.
New Zealand's red meat sector says it is disappointed that the United States' investigation into lamb imports will move to its next phase.
Three men have been sentenced in District Courts after Ministry for Primary Industries prosecutions over animal welfare, food safety and cattle tracing offences.
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
OPINION: The Government's decision to reinstate agriculture and horticultural science as a standalone subject from Year 11 is the right one.
Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.