Friday, 30 November 2012 14:57

TAF underway, share price up

Written by Pamela Tipa

font size decrease font size increase font size
Print
Email

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."

More like this

Fonterra Whareroa sets cheese record, wins top award

Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.

Fonterra R&D: Innovation needs more than just PhDs

Common sense and good human judgement are still a key requirement for the super highly qualified staff working at one of New Zealand's largest and most important research facilities - Fonterra's R&D Centre at Palmerston North.

Matt Bolger returns to Fonterra to lead co-operative affairs division

Fonterra's co-op model and what it does for New Zealand has lured one of its bright stars back on board.

Misguided campaign

OPINION: Last week, Greenpeace lit up Fonterra's Auckland headquarters with 'messages from the common people' - that the sector is polluting the environment.

Fonterra research targets dairy products to support elderly health and wellbeing

Research lending to the production of dairy products that benefit the elderly and improves the overall wellbeing of all people is a key focus of Fonterra's Research and Development centre, based in Palmerston North.

Featured

Horticulture exports hit $8.4B, surge toward $10B by 2029

A brilliant result and great news for growers and regional economies. That's how horticulture sector leaders are describing the news that sector exports for the year ended June 30 will reach $8.4 billion - an increase of 19% on last year and is forecast to hit close to $10 billion in 2029.

Funding gaps threaten NZ predator-free efforts

Funding is proving crucial for predator control despite a broken model reliant on the goodwill of volunteers.

NZ nears Mycoplasma bovis eradication milestone

A major milestone on New Zealand's unique journey to eradicate Mycoplasma bovis could come before the end of this year.

McClay urges patience on KiwiSaver for first-time farmers

We're working through it, and we'll get to it.

Paris Agreement debate splits NZ farm sector

The debate around New Zealand's future in the Paris Agreement is heating up.

Phoebe Scherer wins Bay of Plenty Young Grower 2025 title

A technical lab manager for Apata, Phoebe Scherer, has won the Bay of Plenty 2025 Young Grower regional title.

National

Fonterra Whareroa sets cheese record, wins top award

Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual…

New pasture guide launched to support farmers in a changing climate

A new publication has been launched that offers a comprehensive and up-to-date resource on commercially available grazing pasture species in…

Hoggard slams outdated farm regulations

"We're trying to get to the promised land but we're still in a bit of a swamp at the moment."

Dairy farmer profits to hit record levels in 2025

The profitability of dairy farmers is likely to increase in the coming year, accordign to the latest report by the…

Fonterra R&D: Innovation needs more than just PhDs

Common sense and good human judgement are still a key requirement for the super highly qualified staff working at one…

Machinery & Products

Wrapped Silage Bales: Convenient feed storage with a mounting plastic problem

Wrapped bales arrived in the 1980s offering a viable alternative to clamp silage, and they remain a solution for those…

McKee Plastics celebrates 50 years of innovation at Fieldays 2025

Celebrating 50 years of being in business in 2025 and specialising in the design and manufacture of an extensive range…

John Deere upgrades round baler line with ISOBUS integration and smarter features

John Deere have recently announced upgrades to its round baler offerings, with all models of this latest generation equipped with…

Farming smarter with technology

The National Fieldays is an annual fixture in the farming calendar: it draws in thousands of farmers, contractors, and industry…

CNH appoints new NZ business manager amid new tax incentives for agricultural machinery

CNH continues to reinforce its position in the New Zealand agricultural machinery market with the appointment of John Gilbert, previously…

» Latest Print Issues Online

Visit archives

TAF underway, share price up

More like this

Fonterra Whareroa sets cheese record, wins top award

Fonterra R&D: Innovation needs more than just PhDs

Matt Bolger returns to Fonterra to lead co-operative affairs division

Misguided campaign

Fonterra research targets dairy products to support elderly health and wellbeing

Popular Reads

Open Country Dairy prepares to launch first commercial butter

Serratia-linked Mastitis a wake-up call for Waikato farmer

'Grand Alliance' growing grass-fed beef exports to China

Hoggard calls Canterbury high-country farming consenting process 'tragic'

Aussie farmers get A$8.60/kgMS as opening milk price

Featured

Horticulture exports hit $8.4B, surge toward $10B by 2029

Funding gaps threaten NZ predator-free efforts

NZ nears Mycoplasma bovis eradication milestone

McClay urges patience on KiwiSaver for first-time farmers

Paris Agreement debate splits NZ farm sector

Phoebe Scherer wins Bay of Plenty Young Grower 2025 title

National

Fonterra Whareroa sets cheese record, wins top award

New pasture guide launched to support farmers in a changing climate

Hoggard slams outdated farm regulations

Dairy farmer profits to hit record levels in 2025

Fonterra R&D: Innovation needs more than just PhDs

Machinery & Products

Wrapped Silage Bales: Convenient feed storage with a mounting plastic problem

McKee Plastics celebrates 50 years of innovation at Fieldays 2025

John Deere upgrades round baler line with ISOBUS integration and smarter features

Farming smarter with technology

CNH appoints new NZ business manager amid new tax incentives for agricultural machinery

» Latest Print Issues Online

Milking It

110,000 visitors!

Sticky situation

» eNewsletter

TAF underway, share price up

More like this

» Latest Print Issues Online

» Connect with Dairy News

» eNewsletter