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Farmers Weekly NZ 06.12.2021

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Fonterra lifts payout after good start to financial year

Fonterra has lifted and narrowed its milk price forecast for this season from $7.90-$8.90/kg milksolids to $8.40-$9/kg MS after a solid start to the 2022 financial year.

Wool merger wraps up, chair named

Primary Wool Co-operative (PWC) and Wools of New Zealand Ltd (WNZ) have completed the merger of operations between PWC-owned CP Wool (CPW) and WNZ with the merged entity now commencing trading.

Dairy farmers produce ‘more from less’ in record year

New Zealand dairy farmers have set a new record for milk production, producing 1.95 billion kilograms of milksolids (MS) for the 2020-21 season.

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