Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
Fonterra has donated 76 pallets of cheese, yoghurt, and milk, equivalent to almost a million dairy servings for Auckland flood victims.
The New Zealand Food Network delivered some of this direct to the larger Auckland based food hubs and evacuation sites.
Network chief executive Gavin Findlay says with hundreds of Aucklanders displaced by the flooding, the donation of quality dairy products and will go a long way to ensuring many of those affected have access to good nutritious food.
“Once again, our great partners at Fonterra are helping us get food to where it’s needed most.”
“Fonterra’s quick response to this emergency shows their commitment to doing good together for the sake of our communities and reinforces the pride we have in having them on the NZFN team.
“We are getting the rest out to other charities (in and out of Auckland) that are supporting our flood impacted communities.
“Fonterra also went one step further by offering us volunteer support to help sort, pack and redistribute the other emergency donations coming through our Auckland warehouse.”
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.