Solid third quarter result for Fonterra
Fonterra has announced an improved third quarter performance – with a profit after tax of $1.15 billion, up $119 million on the same period last year.
Ravensdown chair Bruce Wills has been returned unopposed as a North Island director for another three-year term.
Nominations closed on July 26 for candidates wanting to stand for the two available Ravensdown director positions – one in the North Island area and one in the South Island area.
As Wills was the only candidate nominated for the North Island area, there will be no election. However, five candidates were nominated for the South Island area where, incumbent director, Pete Moynihan is retiring after serving 11 years in office.
They are:
Voting packs will be posted to all South Island shareholders on August 23, 2024. Voting packs will include PIN details to enable shareholders vote to be cast online or by returning the printed voting form in a pre-paid envelope.
Voting will close at midday on 23 September.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
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