Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
OPINION: It's been a bad week for Fonterra.
Firstly, they were accused of dumping nitrates onto its farms dotted around manufacturing sites.
Then came the news that 170,000 litres of skim milk spilled into the Tasman Sea from its Whareroa plant in Taranaki.
The leak left globules of fat dispersed along the foreshore of Ohawe and Waihi beaches, near Hāwera.
In a similar mishap in 2008, the dairy giant spilt 110,000 litres of skim milk into the ocean from the same plant.
In a statement, Fonterra says a valve fault caused milk to overwhelm the plant’s wastewater system, which released milk into the waste water drain instead of it reaching its intended location in another milk silo.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Five hunting-related shootings this year is prompting a call to review firearm safety training for licencing.
The horticulture sector is a big winner from recent free trade deals sealed with the Gulf states, says Associate Agriculture Minister Nicola Grigg.
Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
Free workshops focused on managing risk in sharefarming got underway last week.
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