Nestle a milk price

Amanda Burling is a rural advisor at Baker Tilly Staples Rodway Taranaki. OPINION: After a good 2021 season, rising costs are now starting to hit farmers. Grain is almost inaccessible at the moment, and all other feed is available is at a premium. Feed prices have risen by over 50% in some cases, and with the conflict in Ukraine still ongoing, this will most likely remain volatile. With some dairy farmers facing $70,000 to $100,000 in additional costs per 100,000 kilograms of milk solids this year, it’s time to start planning for 2023 now, as the next season could be bumpy. READ MORE: Hard season, tough economic climate sees Taranaki farmer morale plummet Fonterra lifts farmgate milk price to new record; sees $14b cash boost to economy Fonterra lifts farmgate milk price to record level; sees $13.8b economic boost The 2022 forecast Farmgate Milk Price of $9.60 has been revised back to $9.30 and escalating costs over the past six months have brought profits … [Read more...] about Opinion: Why farmers need to use the next rainy day to plan for better weather

Breakfast food giant Kellogg’s has lost a High Court challenge against the Government over incoming food regulations that will cost the manufacturer an estimated millions of pounds in lost sales. The Coco Pops and All-Bran maker brought legal action against the Department of Health and Social Care (DHSC) over new regulations due to come into effect this October. Part of the regulations will restrict where certain types of food are permitted to be displayed within supermarkets or on their websites, while another part coming into force next year will ban multi-buy promotions of foods deemed high in fat, sugar or salt (HFSS). In-store promotion of HFSS foods will be limited, meaning they will not be allowed to be featured in high-profile locations such as checkouts, shop entrances and aisle ends. Recommended Over £130m handed to housing providers named and shamed by regulator At a hearing in April, Kellogg’s argued the regulations are unlawful … [Read more...] about Kellogg’s loses court battle over new regulations that will ‘cost firm millions’

Kellogg's has lost a legal challenge against the government over new food regulations that would stop some of its cereals being prominently displayed in shops. The maker of Coco Pops and All-Bran took legal action against the Department of Health and Social Care (DHSC) over the rules, which come into force this October. Under the plans, there will be restrictions on where certain types of foods can be displayed in supermarkets or on their websites. Another part of the regulations taking effect next year will ban multi-buy promotions of foods deemed high in fat, sugar or salt. Shops will not be allowed to promote these types of foods in high-profile locations such as checkouts, shop entrances and aisle ends. Advertisement Kellogg's argued the regulations are unlawful because the nutritional value of breakfast cereals will be determined by their dry weight as sold, as opposed to how they are eaten - usually with milk. Speaking in the High … [Read more...] about Kellogg’s loses legal challenge against new government food rules for high-sugar cereals

Evening briefing: Today's essential headlines Go-slow protests | Drivers faced more chaos during this morning's rush hour as campaigners blocked motorways in a protest over soaring fuel prices. Protesters created a rolling blockade along the M4, while similar demonstrations were also reported in Yorkshire and Shropshire. Watch traffic being brought to a crawl and see a map of the areas hit. Gas explosion | 'Inferno' in Bedford block of flats sparks roof collapse Tim Westwood | BBC admits it received sexual misconduct complaint New laws | Nadine Dorries 'will have power to censor the internet' Teenager's 'false bomb threat' | EasyJet flight intercepted by fighters Sour moment | Milk does not make cereal healthier, High Court rules Why Russian generals will not celebrate Luhansk's fall Russian forces have been ordered to push deeper into eastern Ukraine , as local officials warned civilians to flee the front-line after the capture of … [Read more...] about Monday evening UK news briefing: Putin’s orders to Russian forces after seizing Luhansk