Opinion

Letting Fonterra set milk prices makes it poacher and gamekeeper

Jenny Ruth
Mon, 01 Aug 2022

Letting Fonterra set milk prices makes it poacher and gamekeeper
Agriculture minister Damien O’Connor is taking a halfway house approach. (Image: NZ Herald)
Jenny Ruth
Mon, 01 Aug 2022
Does Fonterra manipulate the price of milk?Certainly, there is plenty of evidence in the past that it’s been guilty of doing so.As I’ve previously reported, Jarden analyst Arie Dekker has argued the growth of independent processors is proof that Fonterra hasn’t been manipulating the price.But who’s to say the market share gains of the independents could or should have been even greater if Fonterra hadn’t had so much control over setting the milk price?It’s ironic that the most blatant incident of Fonterra man...

Not convinced yet?

Subscribe to our Daily News Update free newsletter.

Markets FREE
A2 shares plunge over FDA formula deferral
Staff reporters | Wed, 10 Aug 2022

A2 shares dropped 11% to $5.01 in early morning trading opened but made up a bit of lost ground by the end of the day.

Tourism
Tourism needs to 'embrace' job-sharing to spur recovery – report
Brent Melville | Wed, 10 Aug 2022

An industry that lost more than a third of its workforce during the pandemic needs to start thinking differently about work sharing.

Primary Sector
A2 Milk gets shot down because of issues in application
Rebecca Howard | Wed, 10 Aug 2022

The FDA continues to work around the clock to address current supply challenges, including reviewing a number of requests from manufacturers for enforcement discretion, as quickly as possible, a spokesperson said. 

Sponsored
A clearer path to the cloud

Step-by-step cloud transition can bring benefits, experts say.

Sponsored
Energy of the future: Why we need innovation

The Tomorrow’s Energy Today conference is looking at ways to develop a clean, affordable and reliable energy future, says Brendan Winitana, chair of the Sustainable Energy Association New Zealand (SEANZ).