Displaying items by tag: Andrew Hoggard

Dairy farmers are welcoming the launch of milk price futures and options contracts.

Federated Farmers Dairy chairman Andrew Hoggard says subsidies and support payments to farmers are partly responsible for the shock rise in global milk production.

This morning's announcement by Fonterra to drop its forecast payout will lump more pressure on dairy farmers and they will be counting down the days to end of the season.

A member poll by Federated Farmers shows 11.1% of dairy farmers are now under pressure by banks over their mortgages. 

Subsidies handed to European farmers are partly responsible for the dip in global dairy prices, says Federated Farmers Dairy chairman Andrew Hoggard.

Another fortnight passes and we have another lacklustre Global Dairy Trade result and Fonterra confirming it has revised its milk price for the current season (2015-16).

Dairy farmers are being urged to make their businesses resilient around a $5/kgMS payout for the next few years.

Banks have cut their farmgate milk price forecast after another drop in the GDT price index last week, albeit minor at an overall 1.4%.

The advent of closed circuit television is now making it easier for farmers to protect themselves from 'industrial sabotage', according to an industry leader.

Rural News' irreverent and hypothetical look at what's happening in the farming world.