Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
Fonterra's Pahiatua and Longburn based tanker operators have proven the benefits of pulling together - quite literally - by hauling their trucks by hand for charity.
The tanker pull was one of three team events dreamed up by shift team manager Michael Woodfield who wanted to raise the stakes for their Cancer Society Relay for Life fundraiser.
Teams of four had to complete the three challenges, including pulling a truck for 50 metres, eating dry Weet-Bix and reversing a truck and trailer around a 90-degree angle corner. The tasks were timed and judged and were carried out at the depots at around 6am before the drivers went out for their dairy milk runs.
Raising money for Relay for Life every second year, Michael wanted to up the ante, and it worked, more than doubling their usual fundraising total, this year pulling in almost $3,000 between the depots and the local Fonterra manufacturing sites.
Michael explains that he was compelled to really give their Cancer Society fundraiser a boost this year because "the last 10 funerals I've been to have been because of cancer. It's an awful disease and it affects everyone in some way."
It was a tight competition, but Longburn depot's Blue Shift took out the number one title and Red Shift from rival depot Pahiatua came in at a close second. A trophy's been donated by Longburn manufacturing site. It's hoped with an official prize to fight for, the challenge will become a more regular feature, proving a little inter-depot rivalry can also do great things for a great cause.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.