Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
Fonterra chairman-elect John Wilson (pictured right) has been re-appointed for another three year term as a director of the co-op.
Another sitting director Nicola Shadbolt has also been re-elected. Former Fonterra Shareholders Council chairman Blue Read is the new director, replacing Colin Armer who resigned after missing out on the chairmanship.
The results will be officially announced at Fonterra's annual meeting in Hamilton today.
Farmers have begun arriving for the meeting at Mystery Creek. Events Centre.
The meeting will farewell Henry van der Heyden who steps down as chairman after 10 years at the helm.
Stay tuned to Rural News website for meeting updates throughout the day.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.
Rural retailer Farmlands has reported a return to profitability, something the co-operative says shows clear progress in the second year of its five-year strategy.
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