Hurrell Resignation: No Bonus or Golden Handshake for Fonterra CEO
Fonterra is rejecting New Zealand First's claim that outgoing chief executive Miles Hurrell is in line for a 'golden handshake'.
About 9000 Fonterra farmers have so far bought goods and services via the co-op’s new Farm Source rewards scheme, earning $3 million in reward dollars.
Farm Source stores director Jason Minkhorst says fuel and electricity are among their purchases.
There are now three South Island stores – Methven and Culverden in Canterbury and new this month at Otautau in Southland.
The first North Island hub will open in Marton in the next few months.
Minkhorst says Farm Source supports farmers, offering them a convenient home base to use in town.
“We already have a network of rural retail stores we’re building on and expanding so farmers can access more support…. Before Otautau farmers needed to drive to Invercargill for supplies… or wait for the team to visit them.”
Otautau’s Farm Source store manager David Sinclair says the team there includes sales assistants, a technical sales representative and an area manager “who have a good understanding of the regional conditions, council regulations and what’s important to our farmers here”.
The store sells rural supplies and offers access to exclusive deals and facilities like meeting rooms, free wifi or drop-in space to make a coffee and relax.
Minkhorst says the roll-out of the Farm Source stores will happen over time. “We know things are tough… right now so are only making necessary improvements to our existing stores.”
Helensville farmers, Donald and Kirsten Watson of Moreland Pastoral, have been named the Auckland Regional Supreme Winners at the Ballance Farm Environment Awards.
Marc and Megan Lalich were named 2026 Share Farmers of the Year at last night's Canterbury/North Otago Dairy Industry Awards.
William John Poole, a third year Agribusiness student at Massey University, has been awarded the Dr Warren Parker and Pāmu Scholarship.
The most outstanding CNH dealers from across Australia and New Zealand for the past year have been revealed, with two New Zealand dealerships amongst the major winners.
A $20 million dairy beef programme will help farmers capture greater value from their animals.
A precautionary State of Emergency was declared for the Far North District at 1.18pm today (Thursday 26 March), for an initial period of seven days.