Fonterra shareholders watch performance after sale
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
More than 3000 Fonterra farmers were consulted during the co-op's governance and representation review, says chairman John Wilson.
Wilson says over 400 meetings were held around the dairying regions; the last shed meeting was held this week.
Wilson told about 150 shareholders at Fonterra's special meeting today that the quality of feedback at these meeting was "excellent".
"Your feedback and ideas helped us make changes to the original proposal, he says.
Wilson says there's no "off the shelf" solution to the co-op's governance and representation.
He says the proposal asks farmers to make significant changes to take the co-op forward.
Horticulture New Zealand (HortNZ) says a new report projects strong export growth for New Zealand's horticulture sector highlights the industry's increasing contribution to the national economy.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
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