fbpx
Print this page
Thursday, 19 March 2020 10:12

No shareholder meetings for Fonterra

Written by  Sudesh Kissun
Fonterra Shareholders Council chairman James Barron. Fonterra Shareholders Council chairman James Barron.

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

More like this

Winston Peters questions Fonterra divestment plan

Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.

Editorial: A new era for two co-ops

OPINION: Farmer shareholders of two of New Zealand's largest co-operatives have an important decision to make this month and what they decide could change the landscape of the dairy and meat sectors in New Zealand.

Should co-op sell its consumer brands?

OPINION: As CEO of the Dairy Board in the 1980s I was fortunate to work with a team of experienced and capable executives who made most of the brand investments that created the international consumer business Fonterra inherited. Soprole in Chile was the largest, but there were more than 20 countries where consumer marketing companies were established and Anchor and other brands were successfully launched.

Featured

'One more push' to eliminate FE

Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.

Winston Peters questions Fonterra divestment plan

Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.

National

Machinery & Products

New McHale terra drive axle option

Well-known for its Fusion baler wrapper combination, Irish manufacturer McHale has launched an interesting option at the recent Irish Ploughing…

Amazone unveils flagship spreader

With the price of fertiliser still significantly higher than 2024, there is an increased onus on ensuring its spread accurately at…