Fonterra FY26 Results: $9.69 Milk Price, $3.4bn Profit
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
A MEDIA report speculating on the causes of the Fonterra contamination scare has been slammed by the New Zealand Veterinary Association.
"Claims made by Mr Frank Rowson, recently reported in the media, about the cause of the contamination are speculation and not helpful in assisting the investigation," NZVA President Dr Steve Merchant (pictured) says.
Last week's front page story in the Straight Furrow, headlined "Vet links GE feed, sprays to botulism", reported Rowson's suspicion botulism causes unexplained deaths in New Zealand livestock, and ran a string of MPI e-mail responses.
The NZVA says Rowson, who was described as a vet and farm consultant in the article, is not a registered veterinarian or NZVA member.
"He does not represent the views of the veterinary profession or that of the NZVA. We are dealing with a complex scientific issue and we need to bring together the relevant scientific expertise in New Zealand to ensure the investigation leads to a successful resolution," said Dr Merchant.
Federated Farmers says it welcomes Labour's commitment to reviewing the Sharemilking Agreements Act, calling on other major parties to do the same.
For Canterbury dairy farmers Sian Meijer and Rick Wobben, wearable technology has become one of their most valuable on-farm tools - helping manage 1850 cows across an expansive, high-performing dairy operation while improving efficiency, mating outcomes and day-to-day decision making.
Fonterra has unveiled its annual results for the 2026 financial year, posting $27 billion in revenue and close to $20 billion returned to New Zealand farmer owners and unit holders.
The first major update to the Dairy Cattle Code of Welfare in more than a decade has been released, marking what DairyNZ describes as an important step in ensuring animal welfare standards continue to evolve alongside scientific evidence and on-farm realities.
Ravensdown shareholders have elected Jane Montgomery and Kate Acland to the Ravensdown Board for three-year terms, following a closely contested director election.
Federated Farmers says new legislation replacing the Resource Management Act will cut red tape, unlock investment and help grow New Zealand's export-led economy, after the Planning Bill and Natural Environment Bill passed their third reading in Parliament yesterday.

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