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.
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.
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.