EU dairy co-ops to merge
Two European dairy co-operatives are set to merge and create a €14 billion business.
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.
Volatile input costs, fluctuating commodity prices, a reduction in direct payments and one of the wettest periods in decades that resulted in a disastrous harvest, have left their mark and many UK farming businesses worse off.
European milk processors are eyeing more cheese and milk powder exports into South America following a landmark trade agreement signed last month.
Two European dairy co-operatives are set to merge and create a €14 billion business.
DairyNZ's Kirsty Verhoek ‘walks the talk’, balancing her interests in animal welfare, agricultural science and innovative dairy farming.
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