
Dairy farmer 'feeling the pinch' after second Fonterra payout cut
Dairy farmer Shannon Munro says she could lose up to $150,000 for the year.
Dairy farmer Shannon Munro says she could lose up to $150,000 for the year.
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DairyNZ has calculated a break-even dairy price of $7.51/kg for farmers.
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The offending spanned two years and continued even after he was arrested for the crimes.
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Lower farmgate returns, shock milk price drop and rising costs bite bottom lines.
Prices are expected to weaken further at latest Global Dairy Trade auction.
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"An extraordinarily high loss for a New Zealand commercial property syndication."
The 12-strong touring party trained 100 herders as part of the Share Mongolia Programme.
The two dairy giants agreed to sell DPA for $210 million.
Farm debt has come down but rising costs and a falling milk price are piling pressure on.
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It concludes a two-and-a-half-year battle between orchardists and the council.
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Doughty said he now had to work to give people what they wanted.
The farm is also the same one where 180,000 chickens died in 2019 after a power outage.
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