March 2020 saw most New Zealanders locked down by a global pandemic, but the rural industry was still very much “business as usual”. During the lockdown period, there were some big changes to the Healthy Rivers Proposed Plan Change 1 (“PC1”), but one overarching factor...
MyMilk is a wholly owned company of Fonterra Co-operative Group Limited (“Fonterra”). It was set up to secure the supply of milk and does not require the supplier to purchase Fonterra shares. MyMilk is a great opportunity for suppliers to supply Fonterra without incurring the cost...
The farming industry and its advisors are concerned about the impact of M. bovis on their farming operation, livestock and livelihood, irrespective of the amount of compensation that may be available from the Ministry of Primary Industries (MPI). While the industry is endeavouring to work towards...
It is an opportune time to share with you, potential issues farmers need to consider when buying and selling dairy farms that supply Fonterra....
We are proud to again sponsor this year’s NZ Dairy Industry Awards for the Auckland/Hauraki, Waikato, Central Plateau and Bay of Plenty districts. What a great few nights we’ve had at the award evenings....
There has been a large amount of publicity on the Waikato Regional Council’s Plan Change 1 for the Healthy Rivers On-Farm Project. This is commonly referred to as Healthy Rivers....
I was chatting to a mate about mating the other day when it dawned on me that we wouldn’t know each other if it wasn’t for the Dairy Industry Awards. People enter the high-profile competition for various reasons. Some 50/50 sharemilkers and contract milkers put themselves forward...
In these rather uncertain times for farmers, and especially dairy farmers, I thought you might be interested in the article by Jim Rickards entitled “Three Ways Old Money Hangs Onto Its Riches”. Jim Rickards is an American lawyer with interesting and novel views on investing. I...
The Inland Revenue is offering tax relief to farmers in response to the dairy price downturn. If the drop in the dairy price is having a significant impact on your financial position and you have made deposits into the income equalisation scheme, you should talk to...
A co-operative is about members standing together to help each other. Fonterra is ably demonstrating this co-operative spirit by offering a loan to its suppliers of 50 cents per share interest free, until 31 May 2017. Some owners are concerned about the financial viability of their...