Fonterra’s Milk Price Forecast Announcement On Friday Will Wipe $5 Billion Off The Country’s GDP And Most Dairy Farmers Will Make Significant Losses This Year
Fonterra’s milk price forecast announcement on Friday will wipe $5 billion off the country’s GDP and most dairy farmers will make significant losses this year. Leading agri-economist Phil Journeaux says that, even before Friday’s sharp reduction from $8/kg to $7/kg...
The Cost Of Living Is Having An Effect On The Red Meat Sector At Home, And Volatile Overseas Markets Have Led To A Drop In Sheep Meat Exports
The cost of living is having an effect on the red meat sector at home, and volatile overseas markets have led to a drop in sheep meat exports. The Meat Industry Association said red meat exports reached $935 million in June, with sheep meat exports down 20% by volume...
An Increase In Wildfires Around The World Should Act As A Warning For Potential Large-Scale Fires In New Zealand Forests And Rural Landscapes This Summer
An increase in wildfires around the world should act as a warning for potential large-scale fires in New Zealand forests and rural landscapes this summer… NZ Institute of Forestry President James Treadwell, says there is an urgent need to prioritise at-risk land...
Farmers Are Trudging Around A Little Deeper In The Mud After A Fall In Fonterra’s Expected Payout To Dairy Farmers – Richard McIntyre Joins Mark Leishman On Round Up
Farmers are trudging around a little deeper in the mud after a fall in Fonterra's expected payout to dairy farmers. As reported Fonterra cut its forecast Farmgate Milk Price -- from eight-dollars-per-kilogram of milk solids, to just seven-dollars due to reduced demand...
A Rotorua Export Company’s Surge In Demand Has Pushed Its Backlog For One Product Out From 22 To 100 Weeks As It Desperately Seeks More Staff
A Rotorua export company’s surge in demand has pushed its backlog for one product out from 22 to 100 weeks as it desperately seeks more staff. Hayes International general manager Nick Looijen says business has been “just incredible” but it needs staff. Local...
Fonterra Has Slashed Its Forecast Milk Price For The 2023/24 Season By $1 As Demand Slumps
Fonterra has slashed its forecast milk price for the 2023/24 season by $1 as demand slumps. The co-op announced a revised farmgate milk price range of $6.25 to $7.25 per kilogram of milk solids, with a mid-point of $7 per kgMS…the forecast was previously at a...
A Long Search For The Birthplace Of Lake Wānaka For Spawning Land-Locked Chinook Salmon Has Raised Hopes Of Protecting Their Struggling Population
A long search for the birthplace of Lake Wānaka for spawning land-locked Chinook salmon has raised hopes of protecting their struggling population. Otago Fish & Game has been surveying Southern Lakes tributaries for five years found salmon spawning sites in the...
Worries Now That Many Dairy Farms Will Not Break Even With Fonterra Dropping Its Forecast Payout For 2023/24 – Wayne Langford Joins Mark Leishman On Round Up
Worries now that many dairy farms will not break even with Fonterra dropping its forecast payout for 2023/24. As reported the Co-op dropped the forecast by $1 to a mid point of $7 per kilo/MS. Former Dairy Chair and current National President Wayne Langford joins Mark...
A Small Corner Of The Manawatu Was Hit Hard By The Cyclones At The Beginning Of The Year – Sally Dryland Joins Mark Leishman On Round Up
A small corner of the Manawatu was hit hard by the cyclones at the beginning of the year. Now it is being hit hard by rates increases and Federated Farmers Tararua President Sally Dryland says it is simply unfair. Sally joins Mark Leishman on Round Up.