Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Fonterra finds itself at the centre of a row between two Sri Lankan cabinet ministers.
Its Deputy Minister of Industry and Commerce Buddhika Pathirana told Parliament two weeks ago that instead of 100% natural milk, the respective imports from New Zealand were suspected of containing mainly animal fat extracted from pigs and cattle, plus palm oil and lactose.
But the Deputy Director-General for Environmental Health, Occupational Health and Food Safety at Sri Lanka’s Health Ministry, Dr Lakshman Gamlath, said the claims were baseless.
Gamlath told a news conference in Colombo that a certificate issued by Minister of Primary Industries Damien O’Connor proved that milk ingredients are derived only from animals of New Zealand origin.
Health Minister Rajitha Senaratne also denied all allegations made against Fonterra by his colleague.
The co-op says it is aware of misinformation recently shared in Sri Lanka.
The red meat sector is adopting the New Zealand Government’s ‘wait and see’ approach as it braces for the second Donald Trump presidency in the US.
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.
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