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The Beingmate saga now rocking Fonterra is unsettling farmer shareholders.
One former Fonterra director -- one not facing a gagging order by the co-op -- suggested to Milking It that heads should roll.
This person points out that Bill English resigned from Parliament, Ralph Norris (a former Fonterra director) is stepping down from Fletcher and someone could take responsibility for the Beingmate saga and do the same – exit Fonterra.
Federated Farmers says the final report into banking competition is a significant step forward for rural New Zealand - and a vindication of the farming sector's concern.
Fonterra chair Peter McBride expects a strong mandate from farmers shareholders for the proposed sale of its consumer and related businesses to Lactalis for $3.8 billion.
Fonterra chief executive Miles Hurrell says the sale of the co-op’s consumer and associated businesses to Lactalis represents a great outcome for the co-op.
The world’s largest milk company Lactalis has won the bid for Fonterra’s global consumer and associated businesses.
Fonterra has increased its 2024/25 forecast Farmgate Milk Price from $10/kgMS to $10.15/kgMS.
It took a stint at university to remind Otago dairy farmer Megan Morrison that being stuck in a classroom was not for her.
