A Year of Delivery for Fonterra
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
Fonterra Shareholders' Council chairman, Duncan Coull, says record breaking efforts of shareholders saw 65% of farms, representing 73% of milksolids, cast their votes.
"This is an outstanding result for our co-op," says Coull.
"Fonterra farmers value the principle of 100% ownership and control and it is great to see shareholders, as the owners of Fonterra, come out in numbers to decide the direction in which their co-op will travel.
"My view is that the health of our co-op is dependent on our shareholders and their willingness to participate in the decision making processes and based on the participation rates in this Election I would suggest that our co-op is in very good shape."
Fonterra’s 2026 financial year was a year of delivery, with record volumes of milk collected, processed and shipped by the co-op.
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Dairy farmers, still holding onto their Fonterra shares despite switching milk supply elsewhere or exiting the industry, now face a stricter share sell-down requirement.
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