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Fonterra extends MyMilk initiative in New Zealand

Christian Fernsby ▼ | January 16, 2020
Dairy firm Fonterra has announced the extension of its 'MyMilk' initiative to New Zealand's North Island.
Milk in New Zealand   Fonterra
The MyMilk platform is described as 'providing farmers with a pathway into the co-op', enabling them to supply milk for up to five years without a requirement to purchase shares in Fonterra. Some 145 dairy farmers are already signed up to the initiative, in Southland, Otago and Canterbury.

Topics: Fonterra milk New Zealand

“We know farmers have choices when they decide who they supply," commented Fonterra group director of farm source, Richard Allen.

"We want Fonterra to be the best choice with a strong sustainable Farmgate Milk Price, targeted on farm support to help farmers meet new environmental and climate expectations, and flexible financial tools and ways to share-up."

MyMilk will be rolled out in the North Island region from June 2020, Fonterra said.