Why Fonterra accepted defeat in the dairy aisle
OPINION: Fonterra's sale of its consumer dairy business to Lactalis is a clear sign of the co-operative’s failure to compete in the branded consumer market.
OPINION: Fonterra's $4.22 billion consumer business sale to Lactalis is ruffling a few feathers outside the dairy industry.
Milking It was surprised to read former Prime Minister Helen Clark’s comments about “a number of concerning aspects of Fonterra’s iconic dairy brands”.
In a social media post, Clark asked whether an investment programme was planned for the proceeds. “Or will there be just a one-off cash distribution to shareholders which could well end up being priced into the value of farmland?”
Dairy farmers have done it tough for the past few years with low milk price and soaring input costs. The $2/share capital return will help farmers reduce debt and catch up on maintenance work on farms.
And, by the way, how farmers spend this money is their call.
On Friday, Gisborne played host to the inaugural Citrus New Zealand Awards dinner, where more than 140 growers, industry leaders and guests from across the country gathered to celebrate excellence in the sector.
An independent report, prepared for Alliance farmer shareholders is backing the proposed $250 million joint venture investment by Irish company Dawn Meats Group.
Whangarei field service technician, Bryce Dickson has cemented his place in John Deere’s history, becoming the first ever person to win an award for the third time at the annual Australian and New Zealand Technician of the Year Awards, announced at a gala dinner in Brisbane last night.
NZPork has appointed Auckland-based Paul Bucknell as its new chair.
The Government claims to have delivered on its election promise to protect productive farmland from emissions trading scheme (ETS) but red meat farmers aren’t happy.
Foot and Mouth Disease outbreaks could have a detrimental impact on any country's rural sector, as seen in the United Kingdom's 2000 outbreak that saw the compulsory slaughter of over six million animals.
OPINION: Should cows in NZ be microchipped?
OPINION: Legislation being drafted to bring back the controversial trade of live animal exports by sea is getting stuck in the…