Fonterra Settles Greenpeace Claim Over Anchor Butter Labelling
A day after selling its consumer businesses, Fonterra has settled a civil claim, filed by Greenpeace, out of court.
Fonterra Chairman elect John Wilson says the launch of TAF and opening of the new Darfield site symbolises the strong future for the 100% farmer controlled and owned cooperative.
He says while Fonterra is a global company its roots have always been firmly planted in rural New Zealand, which is why the events were combined at Darfield.
"Both milestones will help the Co-op deliver on its strategy refresh announced earlier this year," says Wilson.
"Trading Among Farmers provides Fonterra with a stable capital base and creates the conditions of confidence for us to invest in the most productive areas to add value, grow our brands beyond existing positions and compete strongly in the most rapidly growing dairy markets in the world – South East Asia, Middle East and, of course, China," he says.
"Today for the first time in Fonterra's history, farmer shareholders are able to buy and sell shares among themselves on the Fonterra Shareholders' Market. At the same time, members of the public can now gain exposure to a New Zealand success story and the world's largest dairy processor by buying Units in the Fonterra Shareholders' Fund."
Operating with a completely different format from conventional tractors and combine harvesters, the NEXAT prime mover combines all steps of crop production in one modular carrier vehicle, from tillage, through seeding to harvesting.
Reports of severe weather forecast to move over the vast majority of New Zealand’s kiwifruit orchards this weekend will be very concerning for a significant number of growers.
Seeka chief executive Michael Franks says while it's still early days in terms of the kiwifruit harvest, things are looking pretty good.
Major New Zealand fresh produce grower is tapping AI to manage weeds on one of its farms.
With arable farmers heading into the busy planting season, increasing fuel and fertiliser prices, driven by the Iranian conflict, are a daily and ongoing concern.
OPINION: After two long years of hardship, things are looking up for New Zealand red meat farmers.