Dairy sector profit still on the table, but margin gap tightens
DairyNZ’s latest Econ Tracker update shows most farms will still finish the season in a positive position, although the gap has narrowed compared with early season expectations.
From 19 September, levy paying dairy farmers can vote for two farmer candidates for DairyNZ’s board of directors. Three candidates are vying for the two positions.
The successful candidates will play a key role in helping create a better future for dairy farmers, says DairyNZ.
Sitting directors, Tracy Brown (Waikato) and Elaine Cook (Bay of Plenty) are standing for re-election. Also standing for election is Chris Lewis, a former Federated Farmers national board member.
Electionz.com returning officer Anthony Morton says farmers have until 17 October to vote.
“I encourage all dairy farmers to have their say by voting for the candidates they believe can make the best contribution to DairyNZ’s board,” says Morton.
“DairyNZ levy payers will receive their voter information pack via email on September 19,” he says. “Dairy farmers should look out for it in their inbox, as it includes information about the candidates and voting.”
Any farmers who don’t receive their voter information pack by 19 September should contact electionz.com on 0800 666 935.
DairyNZ’s board consists of five farmer-elected directors and three board-appointed directors. Appointments to DairyNZ’s Board of Directors serve a term of three years, with directors retiring by rotation. This year, directors Brown and Cook are retiring by rotation.
No nominations were received for one position on DairyNZ’s Directors’ Remuneration Committee position, which reviews and recommends changes to directors’ payments and other benefits. DairyNZ’s board will determine how this vacancy is filled.
The successful board candidates will be announced at DairyNZ’s AGM in Invercargill on October 18 2022.
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