Big tick for new Fonterra auditor
Former Fonterra director Greg Gent says the co-op has made the right decision to change its external auditor.
Farmers’ experiences: 3 very different routes of entering dairy farming
The face of the Irish dairy industry has changed; the loosening of milk-quota shackles in 2015 gave many farmers the opportunity to expand and grow their dairy businesses.
By: Seán Cummins
Source: Agriland
Link: http://www.agriland.ie/farming-news/farmers-experiences-3-very-different-routes-of-entering-dairy-farming/
Four China Huishan Dairy directors resign, treasury head still missing
China Huishan Dairy Holdings said its four remaining non-executive directors resigned and the company still can’t locate its treasury head, adding to concern about the indebted farm operator’s corporate governance and finances.
Value added the right move but it will come with challenges
KPMG’s global head of agribusiness Ian Proudfoot made some bold challenges to the dairy industry the other day when he called for it to be overhauled. By GERALD PIDDOCK.
Dairy industry should dump mass milk production and DIRA to add value
A dairy industry producing less milk is needed in a major overhaul so it could move away from commodities and corner value added markets, says agribusiness expert Ian Proudfoot. By GERALD PIDDOCK.
How a Dairy Firm at the End of the Earth Is Trying to Rule the World
In the shadow of a snow-dusted volcano on a corner of New Zealand’s North Island, a sprawling expanse of stainless steel vats, chimneys and giant warehouses stands as a totem of the tiny nation’s dominance in the global dairy trade. By Emma O’Brien
Dairy rally could be 3 years away
US industry leader sees NZ forecasts of recovery this year as a bit optimistic, but is positive about long term – By Jamie Gray
Americans outdo Chinese in NZ dairy land buying
United States investors bought the most New Zealand dairy land in 2013 and 2014, with Chinese buyers lagging well behind.
US buying more NZ dairy farms than China
Forget about the Chinese, the biggest buyers of dairy farming land in New Zealand over the last two years are the Americans.
What does Fonterra's news today mean?
Fonterra is expected to announce a sharp reduction in its farmgate milk price for 2015/6 today, potentially shaving billions off farmers’ total income for the year and putting more downward pressure on an already cooling economy.