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Fonterra Lifts Forecast FY24 Earnings and Farmgate Milk Price After Strong Q1
Fonterra Lifts Forecast FY24 Earnings and Farmgate Milk Price After Strong Q1
Business   -   Dec 08, 2023

Fonterra Co-operative Group Ltd, a leading dairy company, has had a promising start to the 2023/24 financial year. They’ve increased their expected price for milk, known as the Farmgate Milk Price, to an average of $7.50 per kgMS. This is a 25-cent rise from their previous estimate, now ranging betw

Alliance Meat Company Reports $70 Million Loss, No Payout for Shareholders
Alliance Meat Company Reports $70 Million Loss, No Payout for Shareholders
Business   -   Nov 21, 2023

In a stark reversal of fortune, Alliance Meat Company, a cooperative with 4,500 farmer shareholders, has reported a substantial loss of $70 million for the year ended September. This result contrasts sharply with last year’s $73.6 million profit, highlighting the volatility and challenges the compan

Successful Groundswell NZ Rally Heads Back South
Successful Groundswell NZ Rally Heads Back South
Farming   -   Oct 03, 2023

A couple of old Southland farmers managed to stop traffic in Auckland for 10 minutes on Sunday, as the Groundswell NZ entourage bounced its way through the city. And that’s exactly what Bryce McKenzie and Laurie Paterson wanted to achieve with their Drive 4 Change rally from Invercargill to the Elle

Groundswell NZ Ready For Drive 4 Change Tractor Rally
Groundswell NZ Ready For Drive 4 Change Tractor Rally
Farming   -   Sep 19, 2023

Bryce McKenzie and Laurie Paterson are ready to bring the tractors out again, but this time they’re touring the length of the country. The Groundswell NZ Drive 4 Change rally kicks off this Friday in Southland, where they hope at least 20 or 30 others will join them. They aim to get to the Ellerslie

Farmers Will Not Accept Flawed Agriculture Emissions Pricing Plan
Farmers Will Not Accept Flawed Agriculture Emissions Pricing Plan
Farming   -   Sep 01, 2023

Rural communities and consumers struggling with the cost-of-life crisis will be outraged at yesterday’s announcement by the Minister for Agriculture Damian O’Connor, that this government will proceed with their deeply flawed farming tax. Having lost the argument on the science, the Minister is now c

Aussie Owned Supermarket Heavyweight Countdown Punches Down On Kiwi farmers
Aussie Owned Supermarket Heavyweight Countdown Punches Down On Kiwi farmers
Farming   -   Jul 23, 2023

This week, Catherine Langabeer the Head of Sustainability for supermarket giant Countdown was published in the media discussing the company’s desire to reduce its carbon footprint. “Companies should be assessing their impacts on our environment. However, instead of looking at how they, an Australian

JJ’s Southland Building New Facility At Lorneville
JJ’s Southland Building New Facility At Lorneville
Business   -   Jul 11, 2023

JJ’s Southland is moving after 63 years to a new purpose-built  state-of-the-art tractor and machinery sales and service centre, at the Lorneville roundabout. Group marketing manager Kari Graber said the new building will be far bigger and allow the company future growth as well as more display area

Young Farmer Ready For Young Farmer of the Year Grand Final
Young Farmer Ready For Young Farmer of the Year Grand Final
Farming   -   Jul 05, 2023

24-year-old Hugh Jackson doesn’t waste a second. On any given day you’ll find him in the tractor, milking, or speaking up about mental health. Growing up in the picturesque Te Akau, a small farming settlement north of Raglan, Hugh spent his free time as a youth on the family sheep and beef farm. One

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