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Fonterra drops NZ farmgate milk price

VOLATILITY in international dairy markets has prompted Fonterra to reduce its forecast farmgate milk price in New Zealand for the 2014/15 season.
VOLATILITY in international dairy markets has prompted Fonterra to reduce its forecast farmgate milk price in New Zealand for the 2014/15 season.
FEATURED
AFTER 20 years in business, OBE Organic beef is grappling with constraints on supply for its growing export markets. AFTER 20 years in business, OBE Organic beef is grappling with constraints on supply for its growing export markets.
A PASSION for agronomy led Nobby farmer Scott Schelberg to move away to further his knowledge on the subject, only to return more convinced than ever that his family farm is where he belongs. A PASSION for agronomy led Nobby farmer Scott Schelberg to move away to further his knowledge on the subject, only to return more convinced than ever that his family farm is where he belongs.
MORE than 20,000 wild dogs could be on the prowl in eastern Australia this time next year, say concerned stakeholders. MORE than 20,000 wild dogs could be on the prowl in eastern Australia this time next year, say concerned stakeholders.
GLOBAL food shortages are being exacerbated by countries trying to achieve self sufficiency according to MLA's Peter Barnard. GLOBAL food shortages are being exacerbated by countries trying to achieve self sufficiency according to MLA's Peter Barnard.
TREASURY Wine Estates CEO Mike Clarke’s high-stakes promotional gamble appears to have paid off.
2:23 PM TREASURY Wine Estates CEO Mike Clarke’s high-stakes promotional gamble appears to have paid off. | TWE shifts Penfolds release  | New wine authority uncorked 
PETA Australia responds to RSPCA NSW claims that PETA undermined animal welfare by allegedly failing to supply adequate detail with a cruelty complaint.
11:30 AM  2 PETA Australia responds to RSPCA NSW claims that PETA undermined animal welfare by allegedly failing to supply adequate detail with a cruelty complaint. | Welfare work undermined: RSPCA  | PETA targets Aus woolgrowers 
DESPITE Australia’s cotton crop forecast to drop to 3.7 million bales for the 2014 season, Namoi Cotton Co-operative is predicting a profit lift.
11:07 AM DESPITE Australia’s cotton crop forecast to drop to 3.7 million bales for the 2014 season, Namoi Cotton Co-operative is predicting a profit lift. | Southern cotton boosts crop  | Namoi buys out Hillston gin 
RURAL women have until Thursday to apply for a scholarship offered by the Australian Institute of Company Directors (AICD) in partnership with the federal government.
9:43 AM RURAL women have until Thursday to apply for a scholarship offered by the Australian Institute of Company Directors (AICD) in partnership with the federal government.
AUSTRALIA should consider emulating New Zealand's decision to overlook competition concerns and create a dairy monopoly like Fonterra, ­consulting firm McKinsey & Company says.
8:30 AM  1 AUSTRALIA should consider emulating New Zealand's decision to overlook competition concerns and create a dairy monopoly like Fonterra, ­consulting firm McKinsey & Company says. | MG's next generation push  | Down, down goes milk value 
THE solar power industry should be treated differently to wind in the review process of the Renewable Energy ­Target, says Liberal MP Angus Taylor.
7:18 AM THE solar power industry should be treated differently to wind in the review process of the Renewable Energy ­Target, says Liberal MP Angus Taylor. | Ag groups look for carbon clarity  | Carbon Farming Initiative falls... 
THE Barossa Valley's Schild Estate is the latest winery business to go on the block, as it seeks to tap the growing investor interest in a sector long dogged by oversupply and low prices.
6:44 AM THE Barossa Valley's Schild Estate is the latest winery business to go on the block, as it seeks to tap the growing investor interest in a sector long dogged by oversupply and low prices. | Chinese explore Van Diemen farm  | Top cropping potential 
AUSTRALIANS' growing appetite for chicken is driving up investor interest in poultry farms, according to the latest rural and agribusiness outlook report by Colliers International.
6:35 AM  1 AUSTRALIANS' growing appetite for chicken is driving up investor interest in poultry farms, according to the latest rural and agribusiness outlook report by Colliers International. | Private equity targets Aus food... 
THE WA Government will investigate water and land resources, alternative land tenure options and approvals resolution on pastoral stations in an effort to unlock potential for food production in the north.
4:00 AM  1 THE WA Government will investigate water and land resources, alternative land tenure options and approvals resolution on pastoral stations in an effort to unlock potential for food...
THE US state of Vermont has introduced a new law requiring food be labelled if it contains genetically modified (GM) material.
4:00 AM  5 THE US state of Vermont has introduced a new law requiring food be labelled if it contains genetically modified (GM) material. | Renewed push for GM wheat  | GM canola plantings to rise 
A CHANGE in marketing direction is proving a successful formula for Roma district cattle producers Craig and Carolyn Coomber.
4:00 AM A CHANGE in marketing direction is proving a successful formula for Roma district cattle producers Craig and Carolyn Coomber.
Cattle - Beef
AFTER 20 years in business, OBE Organic beef is grappling with constraints on supply for its growing export markets.
4:00 AM AFTER 20 years in business, OBE Organic beef is grappling with constraints on supply for its growing export markets. | Grass-fed beef carves US niche  | Selling the sustainable story 
Cattle - Beef
MP Tony Pasin has launched a stinging attack on extreme animal rights activists for repeated trespassing and illegal video capture.
4:00 AM  17 MP Tony Pasin has launched a stinging attack on extreme animal rights activists for repeated trespassing and illegal video capture. | Welfare work undermined: RSPCA  | Activist attacks 'un-Australian' 
THERE are high hopes for quinoa to be the next 'big thing' in the health food market.
4:00 AM THERE are high hopes for quinoa to be the next 'big thing' in the health food market.
ASTUTE plant breeding and natural isolation have helped Australia avoid some of the worst cereal rust disease outbreaks.
4:00 AM  7 ASTUTE plant breeding and natural isolation have helped Australia avoid some of the worst cereal rust disease outbreaks. | Stripe rust adapting to Aus heat 
SEVERAL Australian dairy companies have changed hands over the past year, with the swing towards mergers and acquisitions appearing to be a wide-reaching and global trend.
28 Jul 14 SEVERAL Australian dairy companies have changed hands over the past year, with the swing towards mergers and acquisitions appearing to be a wide-reaching and global trend.
THREATENING El Niño conditions following a bumper autumn and winter has National Grass Seed Action Plan head co-ordinator Geoff Duddy concerned about a major seed contamination season looming.
28 Jul 14  1 THREATENING El Niño conditions following a bumper autumn and winter has National Grass Seed Action Plan head co-ordinator Geoff Duddy concerned about a major seed contamination season...
Sheep - Meat
AUSTRALIA'S biggest coal mine, the $16.5 billion Carmichael project in Queensland's Galilee Basin, has received federal approval.
28 Jul 14 AUSTRALIA'S biggest coal mine, the $16.5 billion Carmichael project in Queensland's Galilee Basin, has received federal approval. | Palmer's carbon shock stirs the pot  | Ag groups look for carbon clarity 
THE Korean national cattle herd was down 5pc at the end of June on the corresponding period, to 3.3 million head, reports MLA.
28 Jul 14 THE Korean national cattle herd was down 5pc at the end of June on the corresponding period, to 3.3 million head, reports MLA. | Beef's new brand in Korea  | Aus beef's Korean market share... 
Cattle - Beef
DESPITE ABARES predicting Australian wheat production will decline 9pc in 2014-15, the NAB is taking a more optimistic outlook.
28 Jul 14 DESPITE ABARES predicting Australian wheat production will decline 9pc in 2014-15, the NAB is taking a more optimistic outlook. | Wheat prices slip to lows  | Yields defy Canada's big wet 
A PRIVATE investor has bought a million-dollar portfolio of blue gum plantations in Victoria, as more smaller investors zero in on the sector.
28 Jul 14 A PRIVATE investor has bought a million-dollar portfolio of blue gum plantations in Victoria, as more smaller investors zero in on the sector.
CHINA is proving to be both the best friend and worst enemy of today’s wool industry says Techwool trading manager Josh Lamb.
28 Jul 14  1 CHINA is proving to be both the best friend and worst enemy of today’s wool industry says Techwool trading manager Josh Lamb.
Sheep - Wool
RAIN and international markets will both weigh heavily on grain prices come harvest, particularly in the northern NSW where dry weather has limited production.
28 Jul 14 RAIN and international markets will both weigh heavily on grain prices come harvest, particularly in the northern NSW where dry weather has limited production.
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COMMENTS

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Hi, I was at Coles today and looked and asked for the Australian bacon which was on Landline
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Cattleman, all very interesting. Please specify what you mean by an "H car". (Hydrogen is,
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daw: That's 3 1/2 minutes across 2 continents, and several months. News flash! if you look hard
HELPING draw attention to declining terms of trade and finding ways of improving on-farm profitability is the name of the game for Longreach grazier and agribusiness webpage developer James Walker.28 Jul 14  1 HELPING draw attention to declining terms of trade and finding ways of improving on-farm profitability is the name...
QUEENSLAND Agriculture Minister John McVeigh’s letter to Federal Treasurer Hockey, formally requesting action under the Federal Competition and Consumer Act, is yet to reach Canberra.24 Jul 14 QUEENSLAND Agriculture Minister John McVeigh’s letter to Federal Treasurer Hockey, formally requesting action under...