Fonterra consumer business sale price jumps to $4.22b
The sale price of Fonterra’s global consumer and associated businesses to the world’s largest dairy company Lactalis has risen to $4.22 billion.
A company that makes fence posts from 100% recycled plastics has won an innovation award at the NZ National Fieldays.
Future Post says its product boasts a stronger build with more durability than traditional fence post designs.
Judges at Fieldays innovation awards said this product provides a way for farmers to participate in addressing what is a massive environmental problem for New Zealand.
“This is a positive and potential game changing step towards dealing with New Zealand’s plastic recycling challenge,” they said. The company won the Fieldays Launch NZ Award.
Future Post was founded in the time-honoured kiwi way of trying to find an ingenious solution for a challenging problem. While attempting to build a fence on an old rubbish dump site, Jerome Wenzlick found his wooden fence posts were breaking as he tried ramming them through all the waste plastic in the ground.
With a passion for the environment, Jerome had the revelation that if he could build a stronger fence post from waste plastic, he’d also help solve a bigger environmental problem. Soon after, a chance meeting with Bindi Ground, a farmer with previous experience in recycling and repurposing products, led to a business partnership and a commitment to produce premium fencing products that perform better and lasts for longer.
Future Post works closely with Fonterra; getting recycled Anchor milk bottles to make their product.
Research and healthcare initiatives, leadership and dedication to the sector have been recognised in the 2025 Horticulture Industry Awards.
Virtual fencing and pasture management company Halter says its NZ operations has delivered a profit of $2.8 million after exclusion of notional items.
Manuka honey trader Comvita slumped to a $104 million net loss last financial year, reflecting prolonged market disruption, oversupply and pricing volatility.
The Government has struck a deal with New Zealand's poultry industry, agreeing how they will jointly prepare for and respond to exotic poultry diseases, including any possible outbreak of high pathogenicity avian influenza (HPAI).
The conversion of productive farmland into trees has pretty much annihilated the wool industry.
Thus far in 2025, the Hawke's Bay rescue helicopter crew have completed over 220 missions, resulting in numerous positive patient outcomes.
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