Green targets rule $50m loan

Synlait Milk will reap cheaper interest costs if it hits environmental, social and governance targets in a $50 million, four-year loan with ANZ Bank.

Fonterra board starts planning chair succession

Fonterra’s board has started thinking about who should lead the country’s dominant dairy processor through its new strategy, but that won’t necessarily see John Monaghan leave. 

Electric boiler to cut emissions

Synlait Milk’s emissions savings after 10 years of its electrode boiler at the Dunsandel plant will be equivalent of emissions from 9600 houses.

Firm milk price still expected

Fonterra should be able to narrow its farmgate milk price forecast range for the 2020 season around a healthy $7/kg milksolids if the latest Global Dairy Trade results are a guide.

Fonterra to report September 26

Fonterra will report its audited financial results for the financial year ended July 31, 2019 next Thursday, September 26.

Keeping it in the family

Combining four red-head daughters and 200 dairy cows gives the potential for a really cool business name. That is exactly what Redhead Creamery has done. Samantha Tennent toured the farm during a trip to Minnesota.

Kiwi farmers slow on uptake

Technology is high on the Government’s agenda and the agricultural industry is changing rapidly as a result.

Goat industry leads world-first research

New Zealand’s dairy goat industry is initiating world-leading research to generate scientific evidence about consumption of goat milk infant formula from sustainable farm systems.

A full dance card

A Canterbury farmer who wears many hats including that of dance teacher, agribusiness lecturer, company director and rural advocacy group trustee is always up for a challenge. Tim Fulton reports.