Wednesday, July 6, 2022

My Daily Digest: October 29, 2020

Fonterra’s sweet milk deal with US co-op Fonterra’s deal with big American dairy co-operative Land O’Lakes looks like it will be lucrative for farmers here.

And, in what will be a big relief for shareholders, Fonterra hasn’t had to lay out a chunk of cash to get in on the action.

The new leadership group has been walking back the previous strategy of conquering the world, instead focusing on its New Zealand milk pool and maximising the returns from that.

The US deal announced yesterday shows it doesn’t take a big investment to gain access to desirable markets, just two willing partners who can see the upside.

It looks like a win-win. Land O’Lakes gets to push our grass-fed sustainable product and Fonterra gets a crack at the biggest food service market in the world.

 

Bryan Gibson

 

Fonterra to build with US co-op

Fonterra will turbo-charge its foodservice sales revenue in the United States using a distribution partnership with the farmer-owned dairy co-operative Land O’Lakes, headquartered in Minnesota.

 

Bright future beckons for top student

William Robertson was recently named Massey University agriculture student of the year, capping off a busy and varied 12 months.

 

Wintering system research project under way

Finding the ultimate loafing surface for cows is looming as a major challenge for a $3 million project to develop an alternative wintering system for southern dairy farmers.

 

More guidelines on freshwater policy coming

Nearly two months after introducing its Essential Freshwater policy, the Government is still determining how some rules and regulations will be applied while reviewing specific aspects.

 

Farmers need to show vulnerability

Kane Brisco, who is in his seventh year 50:50 sharemilking at Ohangai near Hawera in South Taranaki, started his own social media page to get farmers talking.

 

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