Winston Peters calls Fonterra vote result 'utter madness'
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
FONTERRA SHAREHOLDERS Council chairman, Ian Brown is urging co-op farmers to participate and elect the best-qualified people to govern their business.
Five director candidates (Donna Smit, Michael Spaans, Eric Ray, Malcolm Bailey and Ian Farrelly) are vying for three seats at Fonterra's top-table, with voting closing at 10.30am on Monday, November 25.
Brown says it is vital that shareholders take the responsibility to make an informed decision to benefit Fonterra farmers now and the next generation to come.
"This means electing to our board the candidates with the mix of governance skills, ability and experience that will enable Fonterra to continue to succeed in the global marketplace in which it operates."
Brown says it is encouraging that farmers are participating in the elections and it is important to build on the excellent voter turnout seen in the past couple of years.
"Fonterra farmers are incredibly passionate about ensuring 100% supplying shareholder ownership and control of their co-op.
"Voting in the Fonterra elections is farmers' key control right and it is important that we not only exercise this right but do so in the best interests of all shareholders.
"With well over 50% of total Fonterra votes held by shareholders who supply less than 200,000 kgMS annually all farmers need to know that their vote counts."
Voting for the directors' and the shareholders council elections (Wards 8 and 21) closes at 10.30am on Monday, November 25, 2013 with the results announced later that day.
Shareholders can vote by internet, fax or post, using the Single Transferable Vote (STV) system.
Three seats on the Fonterra board will be contested.
The director candidates are: Donna Smit, Michael Spaans, Eric Ray, Malcolm Bailey and Ian Farrelly.
Two seats on the Shareholders Council will be contested in Ward 8 Hamilton and Ward 21 Coastal Taranaki.
Ward 8 Hamilton: Bruce Haultain, Grant Coombes and Ross Wallis
Ward 21 Coastal Taranaki: Lloyd Morgan and Vaughn Brophy
Acclaimed fruit grower Dean Astill never imagined he would have achieved so much in the years since being named the first Young Horticulturist of the Year, 20 years ago.
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.

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