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Fonterra forecasts $5.30/kg MS for 2014-15 season

Fonterra has reduced its forecast farmgate milk price for the 2014-15 season from $6 to $5.30/kg milksolids (MS) but that price depends on product price increases in the medium term, chairman John Wilson says.

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  • Balclutha sale September 24

    There was an average sized yarding of prime lambs offered at Balclutha on Wednesday, Gerard Shea of PGG Wrightson reported, with the quality and demand both good. Values were maintained at recent levels. The prime ewe yarding was smaller but again quality was good, as were demand and values.

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  • Dairy incomes set to drop

    The incomes of farmers in the dairying heartlands of Waikato, Taranaki, and Canterbury are estimated to drop more than $600 million this season with Fonterra’s latest milk price downgrade, DairyNZ says.

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  • Trade deficit narrows

    New Zealand posted a narrower trade deficit in August as exports of live animals and dairy products underpinned international sales and imports from major trading partners declined.

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  • One-fifth of wool farmers have voted

    More than 20% of sheep farmers have cast their vote in the Wool Levy Referendum.

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Hunger grows for sheep meat

Without a doubt it is the ramp-up in China’s hunger for New Zealand sheep meat that dominates the dynamics of the industry today. 

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  • Feeding for production

    This article is based on a presentation at the 2014 Lincoln Science Day which looked at the potential compromise heifer grazing can have on the production of a sheep flock.

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  • Cashing in on grass

    New Zealand accounts for about one fifth of lamb consumed in the United States.

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  • Data on the Hoofprint

    Hoofprint is stepping up its range of onfarm measures. The Alliance Group carbon emission and farm productivity web-based system – developed by AbacusBio with investment from the Beef+Lamb New Zealand (B+LNZ) wool levy – has grown in scope since release in 2012.

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  • High-value market gets cooking

    Celebrity chefs and social media have formed a key part of Beef + Lamb New Zealand’s (B+LNZ) push into the high-value German market during the past 12 months.

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The Kaipara Kid

David Kidd had a lot riding on this year’s ANZ Young Farmer contest. He spent hours studying theory and practical tasks in-between his full-time job managing a 550ha beef farming operation. His dedication paid off. David won the northern regional competition and proceeded to the Young Farmer Grand Final in Christchurch where he became the first northern competitor to win the national title. He spoke with Sheryl Brown.

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  • Showing off pays dividends

    Canterbury woman Georgia Davies is urging young New Zealanders to get involved in A&P Shows after winning a Lady Diana Isaac Scholarship at last year’s Canterbury show.

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  • New beef ambassador keen to pass on knowledge

    Twenty-eight-year-old James Bryan is this year’s Beef + Lamb New Zealand beef industry ambassador at the Five Nations Beef Alliance conference and young leaders programme in the United States.

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  • Horsey tales

    The equine industry can be a hard one to crack, but for four young women who have, it has been a rewarding career path. They spoke to Rebecca Harper.

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  • Reaching out

    Massey University student Monique Mathis broadened her horizons and started blogging on an exchange in Canada. Now she’s promoting the exchange experience as a great opportunity for all agricultural students. Rebecca Harper reports.

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Mix and maximise

Stock sales can hold the boat steady for dairy farmers when the milk price is low. Inseminating rising heifers for excess replacements or breeding valuable dairy-beef calves to sell into the market can provide a sizable pay cheque to boost profits. Waikato farmers Ross and Tracey Laing told *Sheryl Brown* how they maximise their Holstein-Friesian herd by breeding more than half the cows to Hereford bulls.

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  • Dairy incomes set to drop

    The incomes of farmers in the dairying heartlands of Waikato, Taranaki, and Canterbury are estimated to drop more than $600 million this season with Fonterra’s latest milk price downgrade, DairyNZ says.

    Read more…

  • Fonterra forecasts $5.30/kg MS for 2014-15 season

    Fonterra has reduced its forecast farmgate milk price for the 2014-15 season from $6 to $5.30/kg milksolids (MS) but that price depends on product price increases in the medium term, chairman John Wilson says.

    Read more…

  • Farmers expect Fonterra action

    Farmers will expect Fonterra management to start slashing internal budgets and costs as its shareholders are being forced to, a Federated Farmers leader says.

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  • Lower milk price will help Synlait margins

    A lower milk price in the current year might help Synlait Milk achieve better margins on its value-added nutritional and infant formula products.

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