Fonterra Lifts Farmgate Milk Price
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
Your old mate notes that Greenpeace is challenging Fonterra to "prove that its massive use of palm products is not fuelling the enormous fires raging across Indonesia".
Apart from the ridiculous demand that Fonterra must prove 'it is not beating its wife', what really tickled this old mutt's interest was that the new NZ head of the eco-activist multi-national is none than one Dr Russel Norman. Yes, that would be the same Dr Russel Norman – who recently stood down as head of the NZ Green Party to take up the highly paid position at Greenpeace and was forever bagging Fonterra and the NZ dairy industry when he was an MP. It looks like dyed-in-the-wool (organic of course) Greenies never stop hating NZ's number one primary sector export earner. Yawn....
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
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