Fonterra Lifts Farmgate Milk Price
Good news for Fonterra farmers. The co-op has raised this season’s farmgate milk price mid-point by 25c to $9.75/kgMS.
WITH ONLY a few days until voting closes in Fonterra’s director and council elections, farmers are being urged to vote.
Fonterra Shareholders Council chairman, Simon Couper is concerned over the level of voting. He says it’s time for shareholders to ensure the directors and councillors they want to represent their interests are supported by getting out and voting in numbers.
“There has been a lot of talk in recent times about ownership and control of our co-op. Voting for our directors is our ultimate control right yet participation in director elections continues to fall,” he says.
This year’s director and council elections are one of the biggest in the 10 year history of the cooperative. Despite this we have, to date, one of the lowest voter turnouts ever, says Couper.
“We want to maintain ownership and control of ourco-op; therefore we must take responsibility and provide the mandate for our directors to run it.
“I urge all farmers to demonstrate your rights and have your say in the future of Fonterra.”
Voting closes at 10.30am on Tuesday, November 15 and results will be announced later that day.
Massey University vice chancellor Pierre Venter says his institute is moving from a period of austerity into a growth phase, based on their new strategy.
With the red meat sector going through a boom time with high prices, the time is right for the industry to step up its investment into developing new food products.
Meat Industry Association chief executive Nick Beeby says there’s now much closer cooperation between meat processing companies than there was many years ago.
A new fruit quality research laboratory has been opened in Auckland by agritech company Hectre to develop pioneering hyperspectral technology.
Farmer lobby Groundswell believes that farmers are worried about the implications of a potential centre-left government.
With less than a week to go before voters choose the next government, Federated Farmers has a simple message to its members - get out and vote.

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