new zealand
Fonterra’s Stirling site announces plans to get out of coal
Fonterra’s Stirling cheese plant in Otago (NZ) will be coal free and using wood biomass to fire the site by August 2022.
Global Dairy Trade shows drop of 3.6%
At the latest Global Dairy Trade event, the overall price index fell by 3.6%, on the back of milk powder prices declining, according to Patty Clayton, dairy analyst for the UK’s AHDB.
Fonterra agrees sale of China JV farms
Fonterra has agreed the sale of its two joint venture farms in China in Shandong province.
Fonterra’s Hurrell notes improving economies
Fonterra CEO Miles Hurrell says that the improving global economic environment and strong demand for dairy are sitting behind the co-op’s $8 (€4.77) midpoint of its 2021/22 forecast farmgate milk price range.
Fonterra completes sale of two China farms
Fonterra has completed the sale of its two wholly owned China farming hubs in Ying and Yutian.
Yili to double butter capacity at Westland in NZ
Yili Group of China has announced it is investing NZ$40 million (€23.8m) in Westland Dairy, which will double capacity of premium consumer butter production.
Fonterra reports a positive half year result
Fonterra has announced its 2021 Interim Results which show the co-operative has had a positive first half.
New Zealand dairy seeing strong demand, says Fonterra
Fonterra CEO Miles Hurrell says its recently announced lift in the 2020/21 forecast farmgate milk price range is a result of consistent strong demand for New Zealand dairy.
Fonterra details how farmers will be paid for sustainable, high value milk
Fonterra releases details of how it will pay farmers for producing sustainable, high quality milk as part of The Co-operative Difference framework.
Fonterra and DSM join forces to lower carbon footprint
The new collaboration is based around DSM’s feed additive product Bovaer, which effectively and consistently reduces methane emissions from cows by over 30% in non-pasture-based farming systems.
Global milk output lower but prices up
After a very strong global milk production growth in 2020, Rabobank assumes that milk production will slow down significantly in 2021, however prospects for milk prices are better than expected at the beginning of the pandemic.
Chinese imports up
Demand for milk and dairy products continues to grow strongly in China and with it imports, according to Agrarmarkt Austria (AMA).
Fonterra, Nestlé and DairyNZ join forces to tackle nitrogen leaching
Fonterra and Nestlé are teaming up with DairyNZ to expand a promising plantain trial to help improve waterways and reduce on-farm greenhouse gas emissions.
Emerging dairy markets on the up, says IFCN
The IFCN (International Farm Comparison Network) looked at emerging markets throughout the world at its recent online Emerging Dairy Regions Forum, with 412 participants from more than 50 countries attending.