Fonterra cements position as the big cheese!
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
Agriculture Minister Damien O’Connor says a wide-ranging review of dairy industry legislation isn’t an attempt by the Government to force changes to Fonterra’s constitution.
He says the Dairy Industry Restructuring Act (DIRA) review doesn’t say anything about the constitution. Fonterra’s 10,000 farmer shareholders will ultimately make a judgment on the constitution, O’Connor told Rural News.
The minister was grilled last week by Federated Farmers dairy leaders at their annual conference in Wellington; they questioned him about the DIRA review and recent attacks on Fonterra leaders by cabinet minister and NZ First MP Shane Jones.
O’Connor says how Fonterra is managed is up to its shareholders, but he had a bold message for shareholders: “if you don’t discuss it, we will”.
When Fonterra was set up in 2001, a draft constitution was part of the approval process. O’Connor notes changes have been made to the constitution over time.
“Farmers have to work whether those changes to the constitution have worked positively or negatively,” he says.
O’Connor forsees the DIRA review “tweaking legislation to ensure Fonterra is fit for purpose”.
However, Opposition agriculture spokesman Nathan Guy says the terms of reference for the DIRA review “are very wide and a moving feast”.
Guy says O’Connor isn’t ruling out changes to Fonterra’s constitution.
“This isn’t written anywhere in the review document,” Guy says.
“After Shane Jones’ outburst this will be seen by farmers as the Government wanting to meddle further in the co-op’s business. There is already a lot of suspicion about this wide-ranging review and Fonterra farmers are becoming weary of this Government’s agenda.”
Federated Farmers leaders are taking a wait-and-see approach on how the DIRA review pans out.
Weaker pricing and demand from China continue to impact New Zealand red meat export earnings.
Fonterra has cemented its position as the country’s number one cheesemaker by picking up nine NZ Champion of Cheese trophies this year.
New Zealand dairy processors are welcoming the Government’s commitment to continuing to push for Canada to honour its trade commitments.
An educational programme, set up by Beef + Land New Zealand, to connect farmers virtually with primary and intermediate school students has reported the successful completion of its second year.
The Food and Agriculture Organisation of the United Nations (FAO) has welcomed a resolution adopted by the United Nations (UN) General Assembly to declare 2026 International Year of the Woman Farmer.
Horticulture NZ chief executive Nadine Tunley will step down in August.