Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Director candidates for the 2012 Fonterra elections will be announced on Tuesday, October 23.
The delay is due to a number of candidates having previous commitments which have pushed back the completion of the candidate assessment process.
Board of directors' candidates must now confirm their nomination with the returning officer by October 23, 2012.
Voting packs, containing candidate profiles, will be mailed to eligible shareholders on Monday, November 26, 2012. Shareholders can vote by internet, fax or post, using the Single Transferable Vote (STV) system.
The voting period is from Monday, November 26 until 10.30am on Saturday, December 15, 2012 with the results announced at the annual meeting on Monday, December 17, 2012.
Three New Zealand agritech companies are set to join forces to help unlock the full potential of technology.
As the sector heads into the traditional peak period for injuries and fatalities, farmers are being urged to "take a moment".
Federated Farmers says almost 2000 farmers have signed a petition launched this month to urge the Government to step in and provide certainty while the badly broken resource consent system is fixed.
Zespri’s counter-seasonal Zespri Global Supply (ZGS) programme is underway with approximately 33 million trays, or 118,800 tonnes, expected this year from orchards throughout France, Italy, Greece, Korea, and Japan.
Animal owners can help protect life-saving antibiotics from resistant bacteria by keeping their animals healthy, says the New Zealand Veterinary Association.
According to analysis by the Meat Industry Association (MIA), New Zealand red meat exports reached $827 million in October, a 27% increase on the same period last year.