Wednesday, July 6, 2022

My Daily Digest: February 3, 2021

Demand boosts milk price forecast Asian appetite for dairy products continues unabated, pushing the GDT index to a seven-year high. Following the overnight auction, Fonterra lifted its forecast milk price for the season by 20c.

If it holds, as it should, farmers will have enjoyed the first two-year stretch of a $7-plus return.

That income is now flowing through to farmer sentiment, with confidence levels now back up to pre-covid levels according to Federated Farmers.

With food production and security front of mind for nations grappling with the pandemic, NZ farmers are well placed to meet that need.

And it looks like they’re beginning to get not just the financial reward but the confidence that comes with respect as well.

Bryan Gibson


Fonterra hikes forecast milk price

Fonterra raised its forecast payment to farmers for their milk, with strong demand from Chinese and South-East Asian buyers today, pushing whole milk powder (WMP) prices near a five-year high.



Scientist focused on helping farmers

Royal Society Te Aparangi (RSNZ) fellow Dr John Caradus was recently awarded the Thomson Medal by the society for his pastoral research leadership in a career that has focused on improving the value of grasslands for NZ farmers. 



Northland preps for second round of interns

Northland farmers are committed to taking 22 live-in cadets this year, the second year of the Whangarei A & P (WAP) Society’s farm intern programme.



Zespri pursues importer’s family for legal costs

Zespri is pursuing the sister of its former import partner to recoup costs after a multi-million dollar claim over its Chinese operations was dropped last year.



Tonight on Sarah’s Country: Changemaker Wednesdays


Agri-Women Development Trust’s The Next Level Programme is doubling its 2021 intake. Graduate & DiaryNZ consultant Kate Stewart shares her experience of the programme. 


The QE11 National Trust is getting close to 5000 approved and registered covenants. We’re joined by newly-appointed chair Bruce Wills.


A sustainable premium product straight from the station to the plate. Middlehurst Delivered co-founder Lucy Macdonald shares how a dream became a reality. 


Pic’s Peanut Butter will trial growing peanuts in Northland. Plant & Food business manager Declan Graham explains the research behind the trial. 

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