Synthetic milk
OPINION: Will synthetic milk derail NZ's economy?
Recently the Inland Revenue Department released the national average market price (herd scheme value) for livestock to be used when preparing 2016 annual financial statements.
New Zealand agricultural companies were able to pitch their products and services directly to potential China partners in Auckland last week.
Fonterra is committed to playing a role in advancing Maori farming interests, says chairman John Wilson.
It feels great to be acknowledged in this way and a huge honour.
Despite the low milk price there was a positive vibe among the 33 finalists competing for the NZ Dairy Awards this year.
Former Fonterra director Colin Armer is voting against the co-op's governance and representation proposal, which causes him some worries.
Fonterra this month announced a market-based payout for organic milk of $9.20/kgMS for the new season, up from the $5.65/kgMS it currently pays for organic milk.
The notion that 50/50 sharemilkers will one day own their farms seems to be disappearing.
The Case IH Optum turned heads at Agritechnica in November last year, where it won the Machine of the Year 2016 Award. The first examples are due here this month.
Deputy Prime Minister Bill English has acknowledged the dairy industry's contribution to pulling New Zealand out of the 2008-09 recession.
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Fonterra chief executive Theo Spierings says the long term fundamentals for global dairy remain positive.
Fonterra's new-season forecast farmgate milk price is "conservative" but the co-op expects the market to rebalance within 6-12 months, says Fonterra chairman John Wilson.
The dairy industry is not cashing in on global demand for organic milk products.
Bay of Plenty Regional Council biosecurity staff are warning local landowners to check that machinery is clean and stock are empty before allowing them through their gates this Gypsy Day.
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