New level of transparency promised – Wilson
Fonterra chairman John Wilson says the co-op is providing a new level of transparency to shareholders about the business.
The Fonterra Shareholders' Council, which safeguards the interests of Fonterra's 10,500 farmer shareholders, says it remains fully supportive of the Trading Among Farmers (TAF) process.
Council Chair, Simon Couper says the council's position on the matter has remained consistent from the outset.
"The council has supported TAF from its inception conditional on due diligence by the board and the council, the pre conditions being met, and 100% ownership and 100% control being maintained by our farmer shareholders.
"The council will continue to engage with the board and management in order to gain as clear an understanding of TAF as possible as we prepare to receive the four preconditions.
"As always, we will continue to perform our duties and work in the best interests of our shareholder farmers as we seek to deliver an enduring co-op under TAF."
Two butcheries have claimed victory at the 100% New Zealand Bacon & Ham Awards for 2025.
A Taupiri farming company has been convicted and fined $52,500 in the Hamilton District Court for the unlawful discharge of dairy effluent into the environment.
The Climate Change Commission’s 2025 emissions reduction monitoring report reveals steady progress on the reduction of New Zealand’s climate pollution.
Another milestone has been reached in the fight against Mycoplasma bovis with the compensation assistance service being wound up after helping more than 1300 farmers.
The Government’s directive for state farmer Landcorp Farming (trading as Pamu) to lifts its performance is yielding results.
The move to bring bovine TB testing in-house at Ospri officially started this month, as a team of 37 skilled and experienced technicians begin work with the disease eradication agency.
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