Another Windfall for Fonterra Farmers, Unit Holders
Fonterra farmer shareholders and unit holders are in line for another payment in April.
OPINION: Agriculture Minister Damien O’Connor has thrown a spanner in the works as far as Fonterra’s proposed capital structure is concerned.
He wants unspecified “alternative measures” otherwise Parliament won’t pass regulatory changes needed for the new structure to become effective.
O’Connor’s stance is going against the wishes of Fonterra’s 10,000 farmer shareholders, who have helped the board draft the capital structure proposal so that it remains 100% farmer owned and controlled.
But O’Connor was singing a different tune when Westland Milk, located on his home patch, was sold to a Chinese buyer two years ago.
He was unhappy with the co-op being offloaded to an overseas buyer and even wished Fonterra had bought the Hokitika-based business.
Recent weather events in the Bay of Plenty, Gisborne/Tairawhiti, and Canterbury have been declared a medium-scale adverse event.
DairyNZ's chief executive Campbell Parker says the 2024/25 dairy season reinforces the importance of the dairy sector to New Zealand.
A New Zealand agribusiness helping to turn a long-standing animal welfare and waste issue into a high-value protein stream has won the Australian dairy sector's top innovator award.
OPINION: A bumper season all around.
Dairy Women's Network (DWN) has announced that Taranaki dairy farmer Nicola Bryant will join its Trust Board as an Associate Trustee.
Rural Women New Zealand (RWNZ) says it welcomes the release of a new report into pay equity.
OPINION: Staying with politics, with less than nine months to go before the general elections, there’s confusion in the Labour…
OPINION: Winston Peters' tirade against the free trade deal stitched with India may not be all political posturing by the…