News | Rural
26 Jun 2022 2:51
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  •   Home > News > Rural

    Changes to how Fonterra calculates the price of milk

    Changes to how Fonterra calculates the price of milk


    Fonterra
    Fonterra
    The Commerce Commission has updated the framework for the annual base milk price, to conduct two separate reviews each dairy season, instead of one.

    The regime ensures Fonterra pays enough for farmers' milk - but not so high it discourages new processors entering the market.

    © 2022 Newstalk ZB, NZCity

     Other Rural News
     24 Jun: Farmers says a stock control bylaw being proposed by the Tasman District Council, will be impossible for farmers to comply with
     23 Jun: Fonterra has lifted its Farmgate Milk Price to a new record high
     22 Jun: Dairy prices have dipped 1.3 percent at the latest Global Dairy Trade auction overnight
     17 Jun: Fertiliser co-operative Ballance say they are beginning to produce their own fertiliser
     08 Jun: Fonterra is buying back 50 million dollars' worth of its own shares
     08 Jun: Fonterra has announced a 50-million dollar share buyback
     08 Jun: Dairy prices have risen in the first Global Dairy Trade auction of the new season
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     Today's News

    Rugby:
    Football Ferns coach Jitka Klimková is fielding a fresh-faced side in their two-game European tour, which starts overnight against Norway 21:49

    Living & Travel:
    A single Strike Four ticket is now worth $500,000 after tonight's Lotto draw 21:19

    Law and Order:
    Norway Pride parade cancelled after two people are killed and 14 wounded in gay nightclub shooting 21:09

    Law and Order:
    The Kiwi Ferns have run riot over the Mate Ma'a Tonga women, 50 points to 12 19:29

    Rugby:
    The Black Ferns Ma have polished off another flawless day at the Oceania Sevens in Pukekohe 18:59

    Environment:
    Afghanistan earthquake survivors frantically dig through rubble in search of relatives as relief trickles in 18:39

    Accident and Emergency:
    The search for a swimmer missing in the Tasman District's Maruia Falls has ended for the day 18:39

    Accident and Emergency:
    There's been a fatal crash involving a motorcycle in Northland this afternoon 18:39

    International:
    Where abortion is still legal in the US after the fall of Roe v Wade and what the decision means for medication abortion 18:10

    Cricket:
    England batters Jonny Bairstow and Jamie Overton have resurrected their reply to New Zealand heading into the third day of the final cricket test at Headingley 18:09


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