Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
A new farmer movement is set to launch very soon and will be pushing for a different approach to tackling on-farm emissions.
Rumours are circulating about a new farmer-led campaign aimed at challenging the current drive for taxing biogenic methane.
Rural News understands that this new farmer movement is set to launch very soon and will be pushing for a different approach to tackling on-farm emissions - especially in relation to methane.
It is understood the group will be promoting a 'methane accord', which it says will be a set of 'not negotiables' when it comes to analysing methane.
The group says its target audience is everyone - urban, rural, politicians (both outgoing and incoming). It also wants to ensure that the pressure goes on agri companies and co-operatives - such as Fonterra and Silver Fern Farm - to show their 'true colours' when it comes to pricing emissions.
"We have had enough of the Government and others in our midst - BLNZ, DairyNZ, Feds, Silver Fern Farms, Fonterra, ANZCO and Food and Fibre 'Leaders' Group - pretending to say all the right things but actually still fundamentally supporting the pricing of biogenic methane emissions," the group says.
It describes the current government and industry proposals to price agricultural emission via the He Waka Eke Noa accord as a plan to "self-sabotage" NZ's primary industry sectors.
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
The chance of a $10-plus milk price for this season appears to be depleting.
Keep focused on things that can be controlled on farm.
Rural Women New Zealand (RWNZ) has announced Sandra Kirby will take over as the organisation's new chief executive.
Puro, the country's largest cannabis cultivator, has won the Supreme Award at the Marlborough Business Excellence Awards.
Rawhiti Environmental Park Limited has been convicted on eight charges and fined a total of $437,000 for persistent discharges of raw piggery effluent into the environment between February and October 2023.

OPINION: Winston Peters has described the decision to sell its brand to Lactalis and disperse the profit to its farmer…
OPINION: The Hound reckons a big problem with focusing too much on the wrong goal - reducing livestock emissions at…