Fonterra chair Peter McBride with Leonie Guiney, who retired after serving nine years on the board.

At Fonterra's recent annual meeting in New Plymouth, chair Peter McBride spoke on the co-op's changing global operating context and how to manage risk. Here's some of what he said.

Carbon tax

OPINION: A group of University of Auckland academics claim a carbon tax is the most effective way for New Zealand to cut emissions while supporting a stable economy.

Farmer fury

OPINION: The new Labour Government in the UK is facing the wrath of farmers. Last week thousands of farmers and their supporters converged in London protesting changes to inheritance tax for farmers announced in the Budget.

Outflanked

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.

Koru-koi

OPINION: Call it what you want, a hikoi, a car-koi or a koru-koi, the recent protest march against Act's Treaty Principles Bill has been exposed now for what it was  - a publicity stunt for and by the Maori Party.

Recently, the Meat Industry Association exhibited at the 7th China International Import Expo in Shanghai.

OPINION: The New Zealand red meat sector, with support from the Government, has upped the ante to retain and expand its niche in the valuable Chinese market - and the signs are looking positive.

Review SOEs!

OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of transparency by the Crown-owned entity - spurred by its refusal to release information under the OIA about its conduct around Cyclone Gabrielle and the Hawke's Bay flooding.

Bank reset

OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the banking structure massively favours lending to housing, at the expense of the productive sectors, particularly agribusiness.

Smugness

OPINION: Just as they did in 2016 when Trump beat Clinton, liberals in the media are crying "how did this happen?"

Snail mail

OPINION: About as productive as a politician's taxpayer-funded trip to Hawaii, as cost-effective as an OSPRI IT project, and as smart as the power-company pylon worker, the Hound gives you the NZ Post business strategy:

Trade Minister Todd McClay

OPINION: The dairy industry will  be a major beneficiary of a new free trade deal between NZ and the Gulf Co-operation Council (GCC).

Chinese strategy

OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.

OPINION: The Listener's latest piece on winter grazing among Southland dairy farmers leaves much to be desired.

OPINION: New Zealand needs a rethink about how banks allocate capital.

OPINION: Was the ASB Economic Weekly throwing shade on Reserve Bank governor Adrian Orr when reporting on his speech in Washington recently?

OPINION: A reader recently had a shot at the various armchair critics that she judged to be more than a bit preachy, telling sheep farmers how they "must learn" and "embrace change" and various other platitudes that armchair critics bandy about on LinkedIn and on the speaker circuit in 'NZ agbiz'.

OPINION: You're never as good as when you're dead, and with due respect to Theo Spierings' family, the Hound can't let the death of the former Fonterra CEO pass without mentioning the parlous state he left Fonterra in when he exited in 2018 - having pocketed well north of $30 million over seven years.

OPINION: In a victory for common sense over virtue signalling, David Parker's National Policy Statement (NPS) work on freshwater is now dead in the water.

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The Hound

Review SOEs!

OPINION: NIWA has long weathered complaints about alleged stifling of competition in forecasting, and more recently, claims of lack of…

Bank reset

OPINION: Adding to calls to get banks to 'back off', NZ Agri Brokers director Andrew Laming has revealed that the…

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