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's TAF (trading among farmers) is underway.
And within minutes, the selling price of Fonterra share units rose 21% to $6.66.
Shareholder Philip van der Bijl rang a specially crafted bell to launch the share trading scheme at its new Darfield site at midday. About 100 farmers and Fonterra staff witnessed the launch.
Fonterra chairman John Wilson says it has taken time to launch TAF that will entrench 100% ownership and control.
"We have paced the introduction of changes that will give farmer shareholders more flexibility to maage their businesses and Fonterra shareholdings."
"We have taken our own time to reach this point in our history."
A Local State of Emergency has been declared for the Waikato for a period of seven days as the region prepares for Cyclone Vaianu to hit the area.
Farmers will get an opportunity to hear about the latest developments in sheep genetics at the Sheep Breeder Forum this May.
Specialist horticulture and viticulture weather forecasters Metris says the incoming Cyclone Vaianu is likely to impact growers across the country.
A group of old Otago uni mates with a love of South Island back-country have gone the lengths of Waiau Toa Clarence from source to sea. Tim Fulton, who joined the group in the final fun to the river mouth, tells their story.
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.
OPINION: Who will replace Miles Hurrell as Fonterra's next CEO?
OPINION: Governments all over the world are dealing with the fuel crisis.