Thursday, 07 May 2020 10:22

Payout signal?

Written by Milking It

font size decrease font size increase font size

Another signal from Fonterra that next season’s milk payout will drop.

The co-op has announced a raft of measures to boost farmer cash flow in the new season, bringing forward milk payments from June.

Monthly payments will be made on the 15th of the month from June, compared to the 20th currently. Final settlement (wash up payment) will be no later than five working days after its annual results announcement.

Advance rate guideline from July will start at 65% of the mid-range for the payout forecast.

After enjoying $6-plus payouts for the past four years, Fonterra farmers are being told to brace for a drop in milk payout next season.

More like this

Winston's crusade

OPINION: A short-term sugar hit. That's what NZ First leader Winston Peters is calling the proposed sale of Fonterra's consumer and associated businesses.

Fonterra executive named new Massey University vice chancellor

When Professor Pierre Venter takes up his new role as vice chancellor at Massey University next February it will just be a matter of taking a few steps across the road to get to his new office at the Palmerston North Campus.

Survey shows most Fonterra farmers plan to use capital return for debt reduction

A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.

Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy

According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.

Make the right decision, Peters urges Fonterra farmers

New Zealand First leader and Foreign Minister Winston Peters is ratcheting up pressure on Fonterra farmers as they vote on divesting the co-operative’s consumer and related businesses.

Featured

Elite sheep dogs to go head-to-head at Ashburton A&P Show

A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.

Fewer bobby calves as dairy farmers shift to beef breeding

Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.

Low-footprint feed drives high-profit, low-emissions dairy

The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.

Farmlands returns to profit with strong FY25 result

Rural retailer Farmlands has reported a return to profitability, something the co-operative says shows clear progress in the second year of its five-year strategy.

Safer Rides initiative boosts farm quad bike safety

According to a new report, the Safer Rides initiative, which offered farmers heavily discounted crush protection devices (CPDs) for quad bikes, has made a significant impact in raising awareness and action around farm vehicle safety.

Editorial: Farewell Jim

OPINION: In the past weeks, much has been said and written about one of New Zealand's greatest prime ministers, James Brendan Bolger, who died just a few months after his 90th birthday.

National

Distance education on the rise - Massey University

An increasing number of students are doing agricultural and horticultural degrees at Massey University by distance learning.

Fonterra executive named new Massey University vice chancellor

When Professor Pierre Venter takes up his new role as vice chancellor at Massey University next February it will just…

DairyBase and Farm Focus partner to provide benchmarking

Two rural data organisations - DairyNZ’s DairyBase and Farm Focus - have formed a new partnership that aims to remove…

BNZ launches First Farm initiative to support aspiring dairy farmers

BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm…

LIC CEO highlights practical science and collaboration for methane reduction

LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine…

Machinery & Products

Safer Farms issues safety alert on ATV rollovers when towing calf milk trailers

Rollovers of quad bikes or ATVs towing calf milk trailers have typically prompted a Safety Alert from Safer Farms, the…

Cheetah Electronics launches Rodent Shield to protect agricultural machinery from rodent damage

With the increased arrival of technology in modern agricultural machinery, it invariably means more wiring and electronic control modules. This brings…

Deutz-Fahr wins silver at Agritechnica 2025 for Tractor Assisted Guidance System (TAGS)

Deutz-Fahr has been awarded the prestigious silver medal at the upcoming Agritechnica 2025.

Taking the guesswork out of water usage, weighing

Although not a new concept, in-field animal weighing seems to be gaining traction by delivering live animal data without the need…

GEA launches AI-powered walkover teat sprayer

GEA says that its latest walkover teat sprayer is helping farmers save time and boost udder health.

Payout signal?

More like this

Winston's crusade

Fonterra executive named new Massey University vice chancellor

Survey shows most Fonterra farmers plan to use capital return for debt reduction

Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy

Make the right decision, Peters urges Fonterra farmers

Popular Reads

Fonterra to boost UHT cream production with $150m plant

Bold taste wins gold medal

Pamu and LIC to launch Synergizer

Divestment means Fonterra can focus on its strengths

Rising energy prices put NZ meat processing industry under pressure

Featured

Elite sheep dogs to go head-to-head at Ashburton A&P Show

Fewer bobby calves as dairy farmers shift to beef breeding

Low-footprint feed drives high-profit, low-emissions dairy

Farmlands returns to profit with strong FY25 result

Safer Rides initiative boosts farm quad bike safety

Editorial: Farewell Jim

National

Distance education on the rise - Massey University

Fonterra executive named new Massey University vice chancellor

DairyBase and Farm Focus partner to provide benchmarking

BNZ launches First Farm initiative to support aspiring dairy farmers

LIC CEO highlights practical science and collaboration for methane reduction

Machinery & Products

Safer Farms issues safety alert on ATV rollovers when towing calf milk trailers

Cheetah Electronics launches Rodent Shield to protect agricultural machinery from rodent damage

Deutz-Fahr wins silver at Agritechnica 2025 for Tractor Assisted Guidance System (TAGS)

Taking the guesswork out of water usage, weighing

GEA launches AI-powered walkover teat sprayer