Fonterra Co-operative Group Limited is increasing its forecast earnings per share range for the current financial year to 45-55 cents. With a forecast Farmgate Milk Price of $4.60 this lifts the total available for payout to $5.05-5.15 per kgMS and would currently equate to a total forecast cash payout of $4.95-5.00 per kgMS after retentions.
Fonterra is also increasing the rate at which farmers are paid the Co-operative Support of 50 cents per kgMS, with the total amount paid up to December going from 18 cents to 25 cents.
Chairman John Wilson said performance in the period 1 August – 31 October 2015 built on the strong second half of the 2015 financial year. . .
95pct of rats killed by 1080 drops – Dave Williams:
New Zealand’s biggest pest poisoning programme killed 95 percent of the rats it went after and more evidence shows forests are better off after 1080 drops, scientists say.
The New Zealand Ecological Society 2015 Conference is being held at the University of Canterbury this week and one focus is on the use and effects of 1080, or sodium fluoroacetate.
The toxin has been widely used for pest control in New Zealand since the 1950s – possums are a target because they spread tuberculosis – but critics say it kills more than just pests. . .
Two giant hot-air blowers are being trialled in South Island vineyards and cherry orchards to fight off severe spring frosts.
The Kiwi invention could protect crops and transform the horticulture industry.
The blowers stand five metres tall and blows out warm air like a giant blow drier.
Known as the Heat Ranger, it’s one of two machines being put to the test in Otago and North Canterbury. . .
It is my pleasure to speak here today. I want to thank the Development Research Centre (DRC) for inviting me here to participate at this Summit.
Today I will discuss the role that New Zealand, as a regional partner in the Asia Pacific, can play with China in meeting the challenges of food security and food safety.
As China liberalises its economy and raises living standards, its demand for raw materials and food for its 1.3 billion population will have a significant impact on global agricultural markets.
All agricultural producing nations have an interest in a strong China. As China looks to move away from a solely manufacturing-driven economy to one propelled jointly by agriculture, manufacturing and services, New Zealand can be a practical partner to support this change.
Background on NZ
We have a lot to offer because we are an agricultural and food producing nation.
The wider primary sector – including agriculture, horticulture, forestry and fisheries make up around three quarters of our merchandise exports. . .
Food safety assurance provider AsureQuality is the first Conformity Assessment Body (CAB) in the world to be both accredited to the new FSSC22000-Q scheme, and to issue accredited FSSC22000-Q certification to a customer.
First published in February this year by the Foundation for Food Safety Certification, FSSC22000-Q gives organisations the option to have their Food Safety and Quality Management Systems certified under one certification, by way of one integrated audit rather than individual FSSC22000 and ISO9001 audits.
The first dairy site in the world to gain FSSC22000-Q certification is Fonterra’s Te Awamutu site, with other Fonterra sites awaiting certification. . .
Fonterra Te Awamutu has become the first site in the world to be awarded the newly created Food Safety System Certification 22000 – Quality, an internationally recognised food safety accreditation.
Where previously food safety and food quality have been audited and assessed separately, the new certification gives companies the option of combining their food safety and quality management systems into one certification. This provides customers with the assurances of international best-practice in both food safety and quality.
Fonterra Director New Zealand Manufacturing Mark Leslie said this highlights the Co-operative’s commitment to producing the highest quality dairy nutrition and world-leading service. . .