Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
New Fonterra director Peter McBride says he is overwhelmed with the response in the election.
“I want farmers to know I will do my very best and I will work hard for them,” he told Dairy News.
“It was a good result. I was quite surprised at the outcome with only two people making it through but I guess that is the system.”
He says going into the election he was concerned the farmers may “just see me as a kiwifruit guy”.
“But I think when they got to meet me in person and heard what I had to say then they understood I had something to offer”.
He says his first priority on the board will be to listen. “When you go onto boards you have got to be really careful just to take your time,” he says.
“My main plan is to try and get my head around the business. It is a very large complex business so my aim is to just to spend time with the senior executive and get as much insight into the business as I possibly can. And just contribute wherever I can.
“In the first six months you have got to do a lot of listening, not a lot of talking.”
McBride will step down as chairman of Zespri in February and retire as a Zespri director at the annual general meeting in July next year.
Asked if he would be ready for the Fonterra chairmanship if the directors wanted him to, he said it was too premature to even talk about it.
Legal controls on the movement of fruits and vegetables are now in place in Auckland’s Mt Roskill suburb, says Biosecurity New Zealand Commissioner North Mike Inglis.
Arable growers worried that some weeds in their crops may have developed herbicide resistance can now get the suspected plants tested for free.
Fruit growers and exporters are worried following the discovery of a male Queensland fruit fly in Auckland this week.
Dairy prices have jumped in the overnight Global Dairy Trade (GDT) auction, breaking a five-month negative streak.
Alliance Group chief executive Willie Wiese is leaving the company after three years in the role.
A booklet produced in 2025 by the Rotoiti 15 trust, Department of Conservation and Scion – now part of the Bioeconomy Science Institute – aims to help people identify insect pests and diseases.
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