Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Fonterra to start NI colostrum collection early

Media Release
28 June 2004

Fonterra to start North Island colostrum collection early

Fonterra is to start this season's colostrum collection from North Island suppliers a week earlier than expected on July 14.

Rodd Hodgson, Shareholder Relations Manager, says farmers have indicated that there's a lot of colostrum produced before the current start date of July 21, and collection from registered farms in the Waikato, Bay of Plenty, Manawatu and Hawkes Bay, has been brought forward as a result.

Collection dates for South Island suppliers in Canterbury, Otago and Southland, remain the same with a start date of August 4. Depending on volumes, colostrum collection will end in the North Island on September 10 and in the South Island to September 14.

The minimum collection is 200 litres per supplier collected on alternate days. The company will supply colostrum storage vats if required and there will be no collections before 8.30am.

Colostrum is collected from the first four milkings after calving and is high in immunoglobulins, which protect against infection, boosting calves' natural immunity. As a specialty milk product, it is used in a range of niche health products for human consumption.

Mr Hodgson says it is not too late for farmers in the designated collection areas to register for the programme and, as well as providing early season cash flow, there are a number of other benefits in taking part.

Building on last year's success, Fonterra has committed to a minimum three-year, colostrum collection programme, which includes the South Island this season.

It will pay $168/kg for colostrum with 0.75 percent immunoglobulin , a five percent increase on last year, with a premium for higher strength colostrum. This season all colostrum supplied to Fonterra will receive payment

Mr Hodgson says payment for colostrum is independent of the wholemilk split,

"This means that payment splits to the normal share milking arrangement can be altered. For instance, a 50:50 sharemilker can be paid at a higher percentage of the colostrum payment with permission of the owner."

In addition, there are no share or peak note requirements involved in the supply of colostrum, he said.

-ENDS-


© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

I Sing The Highway Electric: Charge Net NZ To Connect New Zealand

BMW is turning Middle Earth electric after today announcing a substantial contribution to the charging network Charge Net NZ. This landmark partnership will enable Kiwis to drive their electric vehicles (EVs) right across New Zealand through the installation of a fast charging highway stretching from Kaitaia to Invercargill. More>>

ALSO:

Watch This Space: Mahia Rocket Lab Launch Site Officially Opened

Economic Development Minster Steven Joyce today opened New Zealand’s first orbital launch site, Rocket Lab Launch Complex 1, on the Mahia Peninsula on the North Island’s east coast. More>>

Earlier:

Marketing Rocks!
Ig Nobel Award Winners Assess The Personality Of Rocks

A Massey University marketing lecturer has received the 2016 Ig Nobel Prize for economics for a research project that asked university students to describe the “brand personalities” of three rocks. More>>

ALSO:

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts, Including Xtra: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

ALSO:

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news