Fonterra Expands China Foodservice Business with New Anchor Essence Cream
Fonterra is strengthening its foodservice presence in China with the launch of a new cream for professional bakeries at Bakery China 2026 in Shanghai.
MICHAEL SPAANS has been elected as the new director on the Fonterra Board of Directors.
Spaans, aged 50, lives in Hamilton and farms at Te Aroha. He was a Shareholders' Councillor from 2000 to 2008 and is currently a director of DairyNZ and several other dairy sector companies.
Shareholders voted to re-elect incumbent directors Malcolm Bailey and Ian Farrelly, says returning officer, Warwick Lampp, of electionz.com Ltd.
Shareholders Scott Montgomery and Gerard Wolvers were elected unopposed as members of the Directors' Remuneration Committee.
In the Shareholders' Council elections Rosss Wallis was elected in Ward 8 – Hamilton and Vaughn Brophy, Ward 21 – Coastal Taranaki.
Both are new Shareholders' Councillors.
In the 11 other Shareholders' Council wards where elections were due, nominees were elected unopposed. The councillors in those wards are:
Ward 3 - Northern Wairoa Penny Smart
Ward 6 - Hauraki Julie Pirie
Ward 9 - Morrinsville Malcolm Piggott
Ward 12 - Cambridge Kevin Monks
Ward 15 - South Waikato Ian Brown
Ward 18 - Otorohanga Duncan Coull
Ward 24 - Southern Taranaki David Werder
Ward 27 - Southern Manawatu Richard Syme
Ward 30 - Northern Central Canterbury Ange Ward
Ward 32 - Southern Canterbury John Gregan
Ward 33 - Otago Ad Bekkers and Ivan Lines
All successful candidates will take office at the close of the annual meeting on Wednesday, November 27, 2013.
In advance of the Budget, Finance Minister Nicola Willis put a clear damper on expectations and delivered accordingly.
Farmers should be cautiously optimistic as the 2026/27 season kicks off, says DairyNZ.
RaboResearch senior analyst Emma Higgins expects the 2026/27 dairy season to be another profitable one.
The new dairy season is kicking off with plenty of risks to the forecast farmgate price, both upside and downside, says ANZ agricultural economist Matt Dilly.
A potential showdown between the top two Federated Farmers leaders looms at the farmer lobby's annual meeting later this month.
FarmIQ Systems has developed a free land management app to help remove barriers to New Zealand farmers and growers adopting digital tools.
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