Fonterra keep top spot

Fonterra lifts share to keep milk top spot [23 June/ NZ Herald] Fonterra has retained its position as the biggest milk processor
in the world, according to a report by the International Farm Comparison Network. New Zealand’s dairy giant was ranked the top
milk processor for 2011 with an intake of 20.5 million tonnes, equivalent to a 3 per cent market share of world milk production;
up from 2.7 per cent in 2009. Fonterra led Dairy Farmers of America and Nestle, which had market shares of 2.5 per cent and
2.2 per cent respectively. Strong milk prices could lead to global growth of up to 20 million tonnes a year in 2011 and 2012, the
research network said. Meanwhile, agricultural market analyst Agrifax reported that New Zealand milk output in April was 31 per
cent ahead of last year on a milksolids basis, reflecting excellent conditions for pasture growth during the autumn.

MineralBoost at the Fieldays

Arthur Payze and a good fish