Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Fonterra's domestic milk collection is up 0.8% in the year to date according to its latest Global Dairy Update.
Fonterra’s New Zealand collection for September was 179.1 million kgMS, down 0.1% on the same month last season. Season to date collection was 309.4m kgMS, up 0.8% on last season.
New Zealand milk production was down 0.7% on a litre basis but was up 0.7% on a milk solids basis in September compared to the same period last year. The variance between milk solids and liquid milk indicates improved pasture quality from last September, the update says.
“Despite several cold snaps in parts of the South Island, average temperatures were recorded across much of the country and on-farm pasture conditions remain good,” the update says.
Fonterra’s North Island milk collection in September was up 1.1% on last September and the season to date is up 1.7% on last season. Favourable conditions are expected to continue for the North Island.
The cooperative’s South Island milk collection in September was down 2.1% on last September and in the season to date collection was 98.5m kgMS, down 1.1% on last season.
Third-year student Cady Burns has won the Waikato Regional Council Prize in Water Science for 2024.
The Rural Change programme, providing free private mental health professional sessions to the rural industry, is set to continue its next chapter within Rural Support Trust from 1 July 2024.
Beef + Lamb New Zealand chief executive Sam McIvor will step down in July.
A new report shows farm employers across the dairy, sheep and beef, and arable sectors have continued to invest strongly in one of their greatest assets – their staff.
The country’s 4200 commercial fruit and vegetable growers will vote from May 14 on a new HortNZ levy.