Expert Says Fonterra Backing Current Strategy With New CEO Appointment
The appointment of Richard Allen as Fonterra's new chief executive signals execution, not strategy, according to agribusiness expert Dr Nic Lees.
Calf rearers are reporting a shortage of the co-op’s Ancalf powder; the co-op is reporting unusually high calf numbers this season -- nearly double those of last year. The problem, it seems, is higher numbers of beef calves being reared -- better than milking calves because of the lower milk payout. The shortage is expected to persist for a few weeks, prompting suggested alternatives such as Brown Bag product, early weaning and shifting calves onto meal.
