Print this page
Thursday, 13 September 2018 11:54

Farmers stay quiet on Fonterra

Written by 
 Theo Spierings' remuneration and pay package has come under fire. Theo Spierings' remuneration and pay package has come under fire.

Farmers are keeping a low profile online following Fonterra’s shocking $196m loss.

The loss was the first in the co-op’s 17-year history. Read more about the grim 2018 annual results here.

Dairy farmers are remaining surprisingly quiet online about the results, whilst those from town seem more interested on Twitter and Facebook in Spierings' remuneration and pay package.

The interest in Spierings' pay follows widespread reporting from mainstream media outlets who were quick to post headline stories.

With a large proportion of tweets about Fonterra this morning being from non-farmers, most of which questioning Spierings' pay, a rural reporter from Stuff questioned whether farmers were "stewing in silence".





One dairy farmer, however, was concerned for Fonterra's wellbeing.

A musician mocked the result.

Fonterra’s recently-appointed interim chief executive Miles Hurrell has said that the co-op needs to be clear, upfront and honest with farmer shareholders.

It appeared a Stuff reporter had missed the memo when he tweeted encouragement to Fonterra to have more transparency and questioned where Spierings was.

Fonterra's Twitter was quick to reflect Hurrell's statements in a reply.

National's agriculture spokesman, Nathan Guy wants a going-forward plan from Fonterra.

Rural News Group understands this is a tough time for many Fonterra farmers. Support is available for those who need it.

Check out DairyNZ's Wellbeing resources which offer tips to staying in a healthy and balanced place, as well as emergency contacts: dairynz.co.nz/people/wellbeing

More like this

Liquid or powder?

Fonterra, the biggest exporter of milk powder to Sri Lanka, may have a new battle on its hands.

Tariffs backfire

OPINION: New Zealand, and in particular Fonterra, has come under scrutiny in Sri Lanka for taking home the lion's share of the country's spend on imported powdered milk.

Cheesed off

OPINION: Fonterra's plan to trademark Maori words used for its Kapiti cheese range is cheesing off some in Maoridom.


Machinery & Products

Effluent injection goes XL

Dutch effluent specialist Vredo is testing 15 and 18-metre wide slurry injection rigs for the upcoming 2022 spreading season.

Choosing the right pump

Choosing the right pump for an effluent system is the key to ensuring a system works well and gives many…

Spreading muck with ease

Palmerston North headquartered Strautmann Hopkins Ltd imports the extensive range of Strautmann Muck Spreaders for farmers and contractors, built by…