Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
A small number of farms in Hawke’s Bay have been forced to dry off cows because Fonterra tankers are unable to pick their milk.
Anne Douglas, group director of Fonterra-owned Farm Source told Rural News that damaged roads and bridges have cut off tanker access to these farms.
“Collections are largely back on track, however a small number of farms in Hawke’s Bay have had to dry off as our tankers cannot access them due to damage to roads and bridges,” says Douglas.
“We continue to helicopter our people in to cut-off areas to provide assistance.
“Our focus is on establishing lines of communication with our farmer shareholders in the hardest hit areas so that we can stay connected, understand what they need and help coordinate recovery efforts.”
Fonterra is working closely with local industry bodies and representatives to co-ordinate support on the ground where needed as they always do when adverse weather strikes.
Local Farm Source teams have been reaching out to farmers to check in on them, and reminding farmers that they can call its 24/7 Farmer Support Team to get any on-farm support they may need.
Farmers have also been encouraged to contact the Rural Support Trust if they feel like they’re struggling.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Waikato herd health veterinarian Katrina Roberts is the 2024 Fonterra Dairy Woman of the Year.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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