Two Major NZ Dairy Deals Completed
Two major acquisitions in the New Zealand dairy sector were completed this week.
Fonterra's newest board member Ashley Waugh is looking forward to "quickly becoming a productive member of the board".
Waugh, a former National Foods chief executive, was elected by farmers this week; he replaces Taranaki's Blue Read, who failed in his re-election bid.
Waugh told Dairy News online that he was happy with the result.
"I put in a lot of effort in running my campaign and talking and listening to farmers," he says.
Waugh says his first aim was to get on the board.
"I have achieved that and the second aim is to quickly assimilate and become a productive member of the board."
Waugh farms in Te Awamutu, outside Hamilton.
Despite the ongoing bad news on the geopolitical front, New Zealand kiwifruit growers may be in for a good payout.
Under pressure wine growers say the appointment of a new chief executive will bring a fresh perspective, renewed focus, and a clear, united vision for the industry.
Three farmer lobby groups are applying the blowtorch to political parties on key issues facing the primary sector ahead of the general elections.
Average sheep and beef farm profit is forecast to double this year, and rural communities are set to reap the benefits.
While the District Field Days brought with it a welcome dose of sunshine, it also attracted a significant cohort of sitting members from the Beehive – as one might expect in an election year.
Irish Minister of State of Agriculture, Noel Grealish was in New Zealand recently for an official visit.
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