Fonterra Lifts Farmgate Milk Price
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
Sixty new dairy process jobs were created when Fonterra opened four plants in the South Island recently.
First came the Mozzarella plant at the Clandeboye site, followed next day by Deputy Prime Minister Bill English opening three plants at the Edendale site in Southland. The three were an anhydrous milk fat plant, a reverse osmosis plant to make the dryers more efficient and a milk protein concentrate plant.
Some 200 people attended -- Fonterra farmers, staff, iwi and central and local government representatives.
Fonterra managing director global operations Robert Spurway said "Investing in dairy processing in towns like Clandeboye and Edendale supports the local dairy workforce, brings opportunities for tradesmen, consultants and contractors and has a flow-on effect for local businesses."
Leading up to the 60 process jobs, the projects have also provided work for thousands of people during construction.
Spurway said "While our preference is to fill roles locally, these expansions are also a drawcard for people looking to move in from outside the region, bringing investment in housing and infrastructure."
These new plants help Fonterra to shift milk into more products that deliver higher returns.
After attending both events, Fonterra director Leonie Guiney said "the site expansions had already contributed to Fonterra's improved performance in the first quarter of the current financial year".
"Our new plants enabled our co-op to avoid incurring additional costs at the peak of the current season. We are achieving higher yields and quality, and the flexibility to vary our product mix is enabling us to earn margins above the prevailing market prices."
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
OPINION: Political parties are getting plenty of advice and recommendations from sector groups as the election approaches.
In farming there are external factors that can influence behaviour of a whole herd, such as a bad weather event, triggering false positive heat detections or health attentions.
For Canterbury dairy farmer Cameron Henderson, supporting Meet the Need comes down to a simple question: how can the success of New Zealand farming benefit more than just those within the industry?
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.