Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Fonterra, the biggest exporter of milk powder to Sri Lanka, may have a new battle on its hands.
The Sri Lankan Cabinet has approved the importation of 4,200 dairy cows to five private companies to increase the production of liquid milk in the country.
Sri Lanka's annual milk requirement is 722 million litres. However, the current milk production in the country is 422 million litres. Due to this, the country spends US$365 million on importing milk powder - and Fonterra is the major supplier.
The Sri Lankan Government says it also wants consumers to drink more liquid milk.
Associate Agriculture Minister Mark Patterson says his party – NZ First - isn’t opposed to the “trade element” of a free trade deal with India.
The managing director of a company seeking to build a solar farm in Canterbury says receiving fast-track approval is a “really positive outcome”.
Retiring MP and dairy farmer Mark Cameron is blasting the Green Party for proposing to ban the use of synthetic fertiliser and cutting cow numbers.
A huge reduction in ACC claims from on-farm accidents over the last five years is due to thousands of small, practical decisions being made in sheds, yards, paddocks and around kitchen tables across the country, says Safer Farms ambassador Lindy Nelson.
Wayne and Ange Moxham of Horowhenua have just been named as Fonterra's top organic performer for milksolids. As well as providing organic milk to Fonterra, the couple also sell Udderly Organic milk to more than 100 outlets in the region and are embarking on another exciting venture producing organic gelato. Reporter Peter Burke went along to see their farming operation.
Certainty and a clear understanding of the needs of rural communities is a critical outcome in the series of government reforms that are taking place at present.
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