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.
The Fonterra shareholders council announced last week that elections will take place in 10 of its 25 wards.
Of the 10 wards, six will have new councillors: six sitting councillors have had enough and are retiring. Only four are re-contesting.
The council has come under fire for its role over the years. Some farmers accuse it of turning a blind eye to years of bad investment decisions by the directors and management.
With the council under the pump are we seeing councillors heading for the lifeboats?
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.
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