Fonterra has more money for industrial dairy

by frog

Was it really only one month ago that we were falling off our chairs over the fact that Fonterra was forecast to pay dairy farmers $7.30 for a kilo of milk solids?  That gave the average farm $850,000 of income.  Well, records are made to be broken, so today Fonterra is hinting the payment could be $7.60. This money will of course be going to an industry that is being exempted from the Emissions Trading Scheme because it would be unfair for it to pay the true cost of carbon pollution.  It is also the industry that is responsible for taking most of New Zealand’s fresh water, washing and watering its industrial cows in it, muddying it up and returning what’s left back into our lakes and rivers.

As Russel noted yesterday this is dangerous not just for our environment and health but also, now that the European Union is talking about eco-labelling all food, our economy.

“Federated Farmers and much of the Government are still in denial about the declining quality of our natural waterbodies. Good farmers doing the right thing are being punished by industrial dairy companies making a fortune trading on our clean and green reputation. But if we don’t force industrial dairy to clean up its act then our clean and green reputation will end up tarnished which will damage all our exports, including tourism.?

frog says

Published in Economy, Work, & Welfare | Environment & Resource Management by frog on Tue, May 27th, 2008   

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