Lactalis in front to acquire Fonterra’s Australian dairy assets after ACCC clearance
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
Coronavirus is forcing Fonterra to cancel its farmer shareholder meetings to discuss its interim results.
The co-op usually holds farmer meetings throughout the dairy belt to discuss results; instead, two webinars are being organised this week for farmers to hear from Fonterra leadership and ask questions.
Fonterra Shareholders Council chairman James Barron says restrictions caused by coronavirus means no shareholder meetings are taking place.
Councillors have also been encouraged to phone farmer shareholders rather than holding face-to-face meetings.
Fonterra farmers will get details on how to get on the webinars from their Farm Source reps.
Barron says the situation around coronavirus is changing constantly.
“Farmers, like everyone else, is bracing for uncertainty around coronavirus,” he says.
Fonterra chairman John Monaghan says coronavirus is now a global event.
He acknowledged the thousands of Kiwi businesses and communities doing it tough as a result of restrictions in place.
“These are unprecedented times, at least in my lifetime.”
The following rural/ farming events have now either been ‘postponed’ or cancelled due to the current COVID-19 situation:
• Agrifood week
• Central District field days
• International Agribusiness Summit
• NZ Shears
• All Beef and Lamb NZ events
• All regional NZ Dairy Industry Award events
• Mackenzie Easter Show
• Auckland Easter Show
• Dairy Women Network conference
• Irrigation NZ conference
• National Fieldays
Two butcheries have claimed victory at the 100% New Zealand Bacon & Ham Awards for 2025.
A Taupiri farming company has been convicted and fined $52,500 in the Hamilton District Court for the unlawful discharge of dairy effluent into the environment.
The Climate Change Commission’s 2025 emissions reduction monitoring report reveals steady progress on the reduction of New Zealand’s climate pollution.
Another milestone has been reached in the fight against Mycoplasma bovis with the compensation assistance service being wound up after helping more than 1300 farmers.
The Government’s directive for state farmer Landcorp Farming (trading as Pamu) to lifts its performance is yielding results.
The move to bring bovine TB testing in-house at Ospri officially started this month, as a team of 37 skilled and experienced technicians begin work with the disease eradication agency.
OPINION: Will synthetic milk derail NZ's economy?
OPINION: According to media reports, the eye-watering price of butter has prompted Finance Minister Nicola Willis to ask for a…