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5 Farmer confidence tour kicks off Vol 22 No 47 | December 2, 2024
View online at farmersweekly.co.nz
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Scope 3 work is Fonterra’s ticket to ride
If you’re not willing to commit to something significant in a Scope 3 context on farm emissions, you’ll be sidelined by some of these big players long term. Miles Hurrell Fonterra “It starts with those multinationals, and you referred to Nestlé, but there are a number of other multinationals that aren’t far behind. The whole finance sector is demanding these things as well, so access to capital, both for Fonterra, but also our farmers
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A 540-strong Friesian herd near Te Puke in Bay of Plenty has welcomed a special calf. Calf No 301, on the farm of John Cameron, was LIC’s millionth dairy animal to be genotyped since state-of-the-art DNA analysis began in the industry in 2008.
NEWS 4
Connoley calls for seed sector rationalisation Exploring the concept of a revised industry body for the seed sector is key in adapting to the evolving landscape of the primary sector, says Seed and Grain New Zealand chair Charlotte Connoley.
ARABLE 16 Plantain research review shows it is on track to meet objectives.
Could Alliance join SFF in adopting hybrid ownership structure?
Farmers will be sorry to see Leonie Guiney go, says Alan Emerson.
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OPINION 15
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Little black calf a milestone for LIC
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ONTERRA says sustainability and emissions reduction are being demanded right across its value chain, from its banks to customers and consumers, and opting out isn’t an option. Chief executive Miles Hurrell told the Farmers Weekly In Focus podcast that its Scope 3 emissions programme is vital if the cooperative wants to continue to supply key customers.
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long term, will be impacted by this. “It’s something that very much has been being pulled by customers and markets and the finance sector.” Hurrell said in conversations with farmers they highlighted a desire for more value to be gained from better environmental performance. “They’d like to see a bit more value extracted as a result of that. I get that and we’re working hard in that regard. “But it is becoming, very quickly, a ticket to the game. If you’re not part of it, if you’re not willing to commit to something significant in a Scope 3 context on farm emissions, you’ll be sidelined by some of these big players long term.” Despite some influential farming commentators saying New Zealand’s highly efficient systems should mean its place as a valued supplier is secure, Hurrell said that is not the case as other dairy producers are investing heavily in mitigation technologies that will see us surpassed. Abandoning customers like Nestlé for others without sustainability demands simply isn’t an option either, he said. “It’s a question that comes up often. Maybe we don’t need Nestlé, is a question that I get asked. Why don’t we go to the next-tier customer? You’ve got to remember
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