Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra chairman-elect John Wilson says the strong support for sitting directors is a support for the co-op's governance strategy.
Wilson, who was re-elected with director Nicola Shadbolt for another three-year term, says he is happy to be back.
With 11 candidates vying for the three board seats, Wilson said he never took anything for granted.
"All candidates were of high quality. The strong support for Nicola and I is a support for our governance strategy," he told Rural News online.
Wilson polled the highest number of votes followed by Shadbolt among the 11 candidates. New director Blue Read polled the third highest votes.
Read says he's happy to be back in a governance role. He served as chairman of Fonterra Shareholders Council.
A New Zealand dairy industry leader believes the free trade deal announced with India delivers wins for the sector.
The Coalition Government will need the support of at least one opposition party to ratify the free trade deal with India.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement between India and New Zealand.
At Pāmu’s Kepler Farm in Manapouri, mating has wrapped up at the across-breed Beef Progeny Test.
More than 150 people turned up at Parliament recently to celebrate the 20th anniversary of Horticulture New Zealand (HortNZ).
Biosecurity New Zealand says Kiwis should continue to keep an eye out for yellow-legged hornets (Vespa velutina) over the holiday season.