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Fonterra staff moved without fanfare into its new head office on the edge of Auckland's glitzy Viaduct area.
The silent move is unsurprising given the hardships faced by farmers after three consecutive seasons of low payout.
The office in Fanshawe Street brings together staff from four locations. It is leased by the co-op, having been planned several years ago when the payout was favourable.
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
Fonterra board members are in line for a pay rise of around 3%.
Fonterra shareholders can begin voting on Tuesday 20 October in the 2026 Board of Directors’ election, a Co-operative Council election in one Ward, and seven Annual Meeting resolutions.
Fonterra Co-operative Group chief financial officer Andrew Murray has resigned to take up a role outside the dairy giant.
Four candidates have been confirmed for two director positions on Fonterra’s board.
Farmlands has reported higher operating earnings and a profit before income tax of $4.5 million, up 118.9%, for the year ended 30 June 2026.
AgriZeroNZ has invested a further NZ$17.7 million in methane vaccine developer ArkeaBio and NZ$5.1 million in BioLumic, a New Zealand-founded company that uses ultraviolet light to develop low-emissions pasture..
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
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