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.
Fonterra says it remains committed to its social commitments despite the recent slump in dairy prices.
Addressing Fonterra’s annual meeting in Canterbury this month, chief executive Theo Spierings noted that the co-op did not cut corners or go back on its commitments.
He pointed out that Fonterra keeps on with Milk for Schools, the Living Water programme and dairy development worldwide.
“Once you start cutting corners… you lose trust; we have not cut a penny from those programmes,” Spierings told farmers. “We coped with changes, but we kept on investing in communities.”
Milk for Schools reaches 70% of New Zealand primary schools; 140,000 primary students drink Anchor milk daily.
Living Water is a partnership between Fonterra and the Department of Conservation, working to improve biodiversity and water quality across NZ; the work continues in five sensitive catchments.
The co-op’s dairy development programme helps the growth of sustainable dairy industries in key markets around the world, helping farmers to produce more milk, profitably and safely.
A vet is calling for all animals to be vaccinated against a new strain of leptospirosis (lepto) discovered on New Zealand dairy farms in recent years.
Two major red meat sector projects are getting up to a combined $1.7 million in funding from the New Zealand Meat Board (NZMB).
Angus Barr and Tara Dwyer of The Wandle, Lone Star Farms in Strath Taieri have been named the Regional Supreme Winners at the Otago Ballance Farm Environment Awards in Dunedin.
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