Yesterday, 09:55 AM
(25-07-2025, 03:18 PM)Lilith7 Wrote:(25-07-2025, 01:28 PM)harm_less Wrote: Maybe but Fonterra in this case are paying their farmers a price based on international price parameters so if they reduce prices for domestic destined products then who wears the lower price.
Do they pay some of their suppliers less because their milk is destined for the NZ market? I suspect the farmers wouldn't be lining up for that deal.
Do Fonterra take a hit on products sold in NZ using milk bought at international linked price? Can't see that being popular as Fonterra's intent is to maximise profits for their shareholders so again it would impact farmers, just over a wider base.
Opening up NZ's imports of butter from other countries may help to apply market pressures on Fonterra but there will be many who prefer we maintain a protectionist approach to our primary industries.
Not a simple issue to address for sure. I'm just happy to be dairy intolerant so not directly affected by this kerfuffle.
I think it may be time that we stopped encouraging the worst in human nature; Fonterra doesn't have to make massive profits to survive.
But of course it isn't only Fonterra; greed has dazzled plenty of other businesses around the world thanks to Neo Liberalism.
ever run a business? i highly doubt it by your comments
yes i know