Fonterra launches $1500 on-farm funding for eligible farmers
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Bay of Plenty farmer and accountant Donna Smit has been nominated by the Fonterra board for one of the two director vacancies.
The board has also nominated director Michael Spaans, retiring by rotation.
Both candidates were recommended by the Independent Selection Panel. The process for their nomination was supported by the Shareholders Council in accordance with the independent nomination process.
As a result of the recent changes to Fonterra’s governance and representation, approved by Shareholder vote at the Special Meeting in October, the 2016 Directors’ Election process includes two nomination options; the independent nomination process and the self-nomination process.
The self-nomination process, where farmers can stand as a candidate for the board with the support of 35 different Shareholders, is now open. Nominations close on Thursday, 10 November 2016.
The full list of candidates for the Fonterra board election, including the independent nomination process candidates and any self-nomination process candidates, will be announced by November 16.
Voting packs, containing candidate profiles, will be mailed to eligible shareholders on November 21.
Shareholders can vote by internet, fax or post, using the First Past the Post, Majority system. Voting closes at 10.30am on Tuesday, 6 December 2016 with the results being announced later that day.
A Chinese business leader says Chinese investors are unfairly viewed as potential security risks in New Zealand.
In the first of two articles focusing on electrification in New Zealand, Leo Argent talks with Mike Casey, operator of the 100% electric-operated Electric Cherries orchard and founder of advocacy group Rewiring Aotearoa.
A Foundation for Arable Research initiative which took a closer look at the efficiency of a key piece of machinery for arable farmers - their combine harvesters - has been recognised at the Primary Industry NZ Awards.
Prime Minister Christopher Luxon has reiterated New Zealand’s ‘China And’ policy, adding that it wasn’t about choosing one market over another but creating more options for exporters.
A long running trade dispute between New Zealand and Canada over dairy access has been resolved.
New Zealand Police is urging rural property owners to remain vigilant and ensure their property is secure.
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