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OPINION: Fonterra has quietly offloaded its 50% stake in Agrifeeds, a major importer of palm kernel expeller into New Zealand.
In an email to farmers, the co-operative revealed that it pocketed $27 million from the deal with JV partner Wilmar International.
Fonterra’s involvement in PKE importation has been on the receiving end of protests by environment lobbyists like Greenpeace, who claim PKE is a by-product of the palm oil industry, which is the leading cause of rainforest destruction in Indonesia.
Fonterra’s PR machine has been quiet on the sale and so has Greenpeace, who would be hoping that this could be the start of the end of PKE trading in NZ.
Fonterra hasn’t completely folded though and will still sell PKE through its Farm Source stores.
With less than a week to go before submissions close on the Government’s controversial Gene Technology Bill, two agribusiness executives - John Greenberg and Michael Henne - are calling on Fonterra to demand an extension to the submission period.
Dairy's superpowers are lifting their game on proving greenhouse gas credentials.
OPINION: Is Canterbury milk processor Synlait back in business?
OPINION: The fate of methane inhibitor Bovaer in NZ farming is still up in the air.
OPINION: A mate of Milking It’s was recently walking down the main street of the hub of the Horowhenua, Levin, when he saw a ‘pop up shop’ designed to show locals the new toll road bypass from Otaki and past Levin.
New Zealand’s 2025 kiwifruit harvest has started with the first fruit picked in the Bay of Plenty, marking the earliest ever harvest.
Northland Field Days organisers are giving a big shout out to exhibitors who have signed up for the three-day event later this month.
Management practices that aim to cull the poor performers rather than boost the best are a key to success for Canterbury deer farmer Stu Stokes.
Any farmer that harvests or buys crops risks inviting one of the world's most invasive pest plants onto their property - to their detriment.
Gisborne's record hot dry summer weather has produced rewards for one of the country's largest commercial growers based in the region - Leaderbrand.
Apricots from New Zealand’s largest Summer series exporter, Ardgour Valley Orchards, burst onto the world stage and domestic supermarket shelves under the Temptation Valley brand last month.
OPINION: Is Canterbury milk processor Synlait back in business?
OPINION: The fate of methane inhibitor Bovaer in NZ farming is still up in the air.
