Fonterra's record forecast organic milk price
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Fonterra has appointed a new chief financial officer, seven months after its last CFO’s shock resignation.
Commercial Director for Fonterra’s Global Markets business, Andrew Murray steps into the CFO role on August 1.
Fonterra chief executive Miles Hurrell says Murray is a highly experienced senior finance leader with strong expertise in driving profitable growth and delivery of large-scale business transformation.
“Andrew has been a real asset to the Global Markets team, with an enterprise leadership mindset, and I welcome his appointment to the Fonterra Management Team,” says Hurrell.
Prior to joining Fonterra, Andrew was CFO at Simplot Australia and he spent more than 10 years at Mondelez in a variety of senior finance roles.
In October last year, Neil Beaumont stepped down, just nine months after taking on the role.
Beaumont’s surprise departure came in a Fonterra press release to the NZ Stock Exchange. No reason was given for his sudden departure.
The co-op appointed Simon Till as acting CFO while the recruitment for a permanent appointment was underway.
Hurrell extended his thanks to Till for acting in the position. From August 1 Till moves into a strategic advisor role with the co-op.
The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
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