Chinese strategy
OPINION: Fonterra may have sold its dairy farms in China but the appetite for collaboration with the country remains strong.
The Fonterra Shareholders Council supports the co-op board's decision to hold another vote on TAF.
Shareholders Council chair, Simon Couper says the announcement is an important and proactive one given the questions being raised in some parts of the shareholder base.
"This is the most important decision in the 10-year history of our co-op and it is only right that the concerns of our shareholders are heard and respected.
"Maintaining the co-op's unity is vital and, as such, shareholders must feel comfortable with the direction their co-op will travel."
Couper says this will be an opportunity for shareholders to engage with the TAF capital structure option in a constructive manner.
"There has been a lot of talk recently about ownership and control of the co-op, voting is our key control right and we must take responsibility and use it.
"I urge all farmers to demonstrate your rights and have your say in the future of Fonterra."
A governance group has been formed, following extensive sector consultation, to implement the recommendations from the Industry Working Group's (IWG) final report and is said to be forming a 'road map' for improving New Zealand's animal genetic gain system.
Free workshops focused on managing risk in sharefarming got underway last week.
Annual farmer gathering, the South Island Dairy Event (SIDE), is set to make history as it heads to Timaru for the first time.
Installing 400 solar panels at their Taranaki piggery and cropping operation will have significant environmental, financial and animal welfare benefits for the Stanley family.
WoolWorks, New Zealand’s largest wool-scouring company, has partnered with the Lions Club of Riverton to help raise money for much-needed repairs to the Southland town’s swimming pool.
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