A great outcome - Hurrell
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.
OPINION: Greenpeace tried its best to disrupt Fonterra’s annual meeting at a hotel in New Plymouth earlier this month, but they were outflanked by a formidable team of Fonterra staff, security officers and Taranaki police.
The activist group hired a truck and adorned it with anti-Fonterra messages, however the police were onto them. The truck was stopped and searched by police 100 metres from the meeting venue. A couple of activists, one carrying a video recorder, mingled near the meeting venue before they were sent packing by Fonterra staff. Security staff hired by Fonterra were given strict instructions not to let anyone not registered for the meeting, including hotel guests, near the meeting hall.
The meeting, attended by 120 farmer shareholders, went ahead without any hitch.
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.
Farmer lobby group Federated Farmers has announced it is supporting a new Member’s Bill which it says could bring clarity to New Zealand farmers and save millions in legal costs.
DairyNZ has announced the date for its upcoming Milksolids Levy vote.