In Brief: Fonterra hit 2.1m tonne export high
New Zealand dairy giant Fonterra set a new export record this year, sending 2.1 million tonnes of product to international markets for the first time in its nine-year history.
The exports were 60,000 tonnes higher than those achieved in 2008/09.
Milk powder, butter and cheese all ranked among the leading exports that resulted in Fonterra's June trade surplus hitting $276m (€154m) and the year-to-June surplus reaching $639m (€356m).
Fonterra CEO Andrew Ferrier, said consistent demand across the year, particularly from markets in Asia, helped Fonterra to cross the two million tonne milestone.
The record represents 140,000 TEU (twenty foot equivalent containers) shipped from New Zealand ports from August 2009 to July 2010. Fonterra shipped 380-500 TEUs per day.
YITBA trainees get prime placements
Two newly qualified equine students have secured prestigious job placements through the Young Irish Thoroughbred Breeders Association (YITBA) apprenticeship scheme.
Mary Rose Quirke from Co Tipperary and Mary Kilduff from Co Offaly have secured sought-after job placements with trainer Paul Nolan, Naas Racecourse, Grange Stud, the Irish Equine Centre, Castlebridge Consignors, Derrinstown Stud, Coolmore Stud and BBA Ireland through the scheme.