Softening global demand for milk has led Fonterra to downgrade its 2022-23 forecast milk price.

Fonterra says its remains committed to targeting “a significant” capital return to shareholders and unit holders next financial year.

Big jumps in butter and cheddar cheese prices reflect Chinese consumers returning to restaurants, cafes and bakeries, says Westpac’s senior agro economist Nathan Penny.

A small number of farms in Hawke’s Bay have been forced to dry off cows because Fonterra tankers are unable to pick their milk.

The country's second largest milk processor is not rushing to lift its milk price forecast despite a rise in global dairy prices.

DairyNZ says region-specific support is being offered to cyclone-affected farmers, who are responding to a range of different issues on farms across the North Island.

Loss of power supply remains the biggest issue facing many Northland farmers.

Rural towns completely cut off with no or limited electricity, water, food and telecommunications, blocked roads, flooded and wrecked homes and buildings, paddocks and orchards turned into lakes.

Federated Farmers vice president Wayne Langford says helping communities recover from the effects of Cyclone Gabrielle should be top of the Government’s agenda.

The EasyCut B 950 Collect is a non-conditioning mower with 450mm merger augers, said to be ideal for tall crops such as ryegrass, or more delicate crops such as lucerne, that may usually cause blockages or damage when put through a conditioner mower.

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