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A study supported by Fonterra and published this week in the British Medical Journal Annals of the Rheumatic Diseases has shown that a daily dose of skimmed milk, enriched with two value add ingredients naturally found in dairy products, may reduce the frequency and intensity of gout flares.
The only reason the Government has not come up with a simple and effective solution to present wrangles over domestic milk prices is its obsession with free market ideology. The solution is staring them in the face – government should fix the wholesale domestic milk price by regulation.
Fonterra has responded to the Government’s proposal to regulate raw milk supplies in New Zealand as a “backward step” that will only benefit foreigners and neither New Zealand dairy farmers nor local consumers.
Fonterra’s GlobalDairyTrade system bounced back from declines in its last two auctions to record a 1.5% increase in the GDT-TWI Price Index at this week’s trade.
Shortly after announcing its decision to provide free milk to schools in the Northland region, dairy company Fonterra has announced it will lower the wholesale price of milk next month.
Fonterra today said the 2010/11 Clean Streams Accord snapshot results show the Co-operative’s 10,500 farmers are heading in the right direction with sustainability, but there is more work to be done.
Fonterra has raised its forecast for milk payout to farmers in the coming year. The company has increased its expected price from $6.70 – $6.80, by 20c.
Fonterra’s aim, to make New Zealand an international centre for dairy trading, took a step closer to realisation yesterday with the announcement that one of Australia’s biggest dairy producers will be including its products in the bi-monthly GlobalDairyTrade auction system.
Fonterra is taking further steps to protect water quality in dairying regions by including a new clause in its terms and conditions of supply that will contribute to the quality of New Zealand’s lakes, rivers and streams.
Submissions to the Ministry of Agriculture review of milk supply regulation close on Monday, with indications that the Ministry will curtail the supply of raw milk direct from farms to consumers.
Sir Ralph Norris, the highest paid banking executive in Oceanic history has joined the board of Fonterra, the New Zealand farmer owned dairy co-operative.
Fonterra’s GDT-TWI Price Index for a basket of dairy commodities fell again in its latest online auction.
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