Battle for milk
OPINION: Fonterra may be on the verge of selling its consumer business in New Zealand, but the co-operative is not keen on giving any ground to its competitors in the country.
Fonterra chairman John Wilson says he is unhappy about Fonterra coming third in the payout stakes among other New Zealand processors.
Fonterra was beaten by Tatua and Westland Milk in the 2014-15 season.
Wilson told Fonterra's annual meeting yesterday that he was "a reasonably competitive person".
"And while there are some exceptional achievements within your co-op over the past year, the reality is we did come third in the co-op payout stakes, and on the odd occasion we did not do a good enough job of communicating a clear message to you," he says.
"I can assure you that I don't like this any more than you do. Your co-op is in good shape, with investments delivering increased value for your milk faster, and solutions being provided more than ever, to you and me as farmers.
"But we still have work to do before we achieve the high expectations we all have for our co-op."
Keratin biomaterials company Keraplast and Wools of New Zealand have signed a new superpremium wool contract which is said to deliver a boost to wool growers.
While things are looking positive for the red meat sector in 2026, volatility in global trade remains a concern, says the Meat Industry Association (MIA).
The quest to find innovative practical, scientific solutions to deal with water-related issues at a catchment level has been the theme of an important conference at Massey University last week.
One of the country's top Māori farms faces a long and costly rebuild to get the property back to where it was before recent storms ripped through it.
The latest Global Dairy Trade auction results have delivered a boost to dairy farmers.
New Zealand potato growers are prioritising value creation from high yields to meet a complex mix of challenges and opportunities, says Potatoes NZ chief executive Kate Trufitt.
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