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Fonterra farmers will vote for three new directors this year.
Fonterra farmers will vote for three new directors this year.
Nominations have opened and all candidates will be announced on September 25.
Shareholders voted last year to reduce the number of farmer-elected directors to seven, down from nine.
Last year three farmer-elected directors retired by rotation and only two vacancies were filled.
This year three farmer-elected directors – John Monaghan, Leonie Guiney and David McLeod -- retire by rotation. But a casual vacancy arose when Michael Spaans resigned for health reasons. Ian Farrelly was recalled to fill that vacancy until the election.
No sitting director is allowed to publicly announce their candidacy until the independent selection process is complete.
Independent nominations will come first; nominees’ names are due with the returning officer, Warwick Lampp, of electionz.com, by August 7.
He will name those candidates in early September.
Self-nominations close on September 21 (farmers can nominate themselves for a directorship without having to go through the independent nomination process).
The returning officer will confirm all farmer-directors candidates on September 25.
Fonterra has confirmed the three members of its independent selection panel for the 2017 director elections: Dame Alison Paterson (chair); John Spencer (board appointee); and Tony Carter (shareholders council appointee).
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.
Milk processors are either matching or beating Fonterra's record $10/kgMS opening forecast milk price as the 2025-26 season gets underway.
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Australian dairy farmers supplying Fonterra are getting an opening weighted average milk price of A$8.60/kgMS for the new season or around NZ$9.26/kgMS - NZ74c less than New Zealand suppliers, based on the current exchange rate.
A record $10/kgMS opening forecast milk price for the new season means more money into Fonterra farmers pockets early, says Federated Farmers dairy chair Richard McIntyre.
Dairy farmers are set to benefit from the radical sweeping changes the Government is planning to make to the regulations that form part of the Resource Management Act (RMA).
The reported surge in interest in dairy conversions should be put into the context of falling overall cow numbers and improving environmental performance, says DairyNZ.
New Zealand's top trade official has told dairy farmers that their sector faces the most trade barriers internationally.
Waikato sharemilker Matthew Zonderop had no inkling that one day he would become a matchmaker for cows.
The coveted post of Federated Farmers' national dairy chair will see a two-way contest at the Federated Farmers annual meeting later this month.
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.
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