Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
The Hound would love to be a fly on the wall at the next Fonterra board meeting, when re-elected director Leonie Guiney returns to the dairy co-op’s the top table.
Your old mate hears that the self-nominated Guiney was the top-polling candidate at this year’s director elections.
This must have been a double whammy to Fonterra’s network of old-boys who not only engineered Guiney’s departure from the board last year via their Stalinist ‘board candidate nominee process’ but also watched as two of their ‘nominees’ failed to get elected last month.
One can only guess there will be some very uncomfortable people with red faces when they welcome the South Canterbury farmer back to Gumboot Castle in Auckland. Awkward, as they say.
Associate Agriculture Minister Mark Patterson says his party – NZ First - isn’t opposed to the “trade element” of a free trade deal with India.
The managing director of a company seeking to build a solar farm in Canterbury says receiving fast-track approval is a “really positive outcome”.
Retiring MP and dairy farmer Mark Cameron is blasting the Green Party for proposing to ban the use of synthetic fertiliser and cutting cow numbers.
A huge reduction in ACC claims from on-farm accidents over the last five years is due to thousands of small, practical decisions being made in sheds, yards, paddocks and around kitchen tables across the country, says Safer Farms ambassador Lindy Nelson.
Wayne and Ange Moxham of Horowhenua have just been named as Fonterra's top organic performer for milksolids. As well as providing organic milk to Fonterra, the couple also sell Udderly Organic milk to more than 100 outlets in the region and are embarking on another exciting venture producing organic gelato. Reporter Peter Burke went along to see their farming operation.
Certainty and a clear understanding of the needs of rural communities is a critical outcome in the series of government reforms that are taking place at present.