Fonterra chief executive Miles Hurrell says its Scope 3 emissions plan is a cost of doing business, with players across the co-op’s value chain demanding emissions reductions. He tells Bryan that Fonterra is in a good place with a strong balance sheet and a streamlined strategy as it faces up to an uncertain global economic and geopolitical future.

Federated Farmers has revealed some worrying statistics, with a large percentage of farmers having to look for off-farm income to bolster their balance sheets. Toby Williams says that sheep and beef farmers especially are doing it tough and many are having to put in extra hours to make ends meet.

Senior reporter Neal Wallace takes a look at Alliance Group’s search for new capital. He outlines the options on the table and the likelihood of farmers pitching in. Neal also has an update from Southland on the wet weather that’s been hampering farmers.