DairyNZ: Strong payouts offset high farm costs
The dairy sector is in a relatively stable position, with strong milk price payout forecasts continuing to offset ongoing high farm costs, according to DairyNZ.
Following the board elections and annual general meeting this month, the board met to follow standard process and elect the chair.
The DairyNZ board comprises five farmer-elected directors along with three board-appointed directors. Van der Poel was re-elected to the board for another three-year term this month while South Island farmer Cameron Henderson was elected to replace Colin Glass, who has retired.</p.
Van der Poel and his wife Sue live in Ngahinapouri and have farming interests in Waikato, Southland, Canterbury, and the US.
He has previously served on Fonterra’s board and was an inaugural director on the Fonterra Shareholders Fund and has won a number of industry awards including the AC Cameron Award, 2002 Nuffield Scholarship, Sharemilker of the Year and Dairy Exporter Primary Performer Award.
