Fonterra trims board size
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Thailand Prime Minister Yingluck Shinawatra has met with Fonterra Chairman John Wilson for a tour of a South Auckland dairy farm and also visited the company's Te Rapa manufacturing site.
Fonterra say the visit was an opportunity for Wilson to further strengthen the company's relationship with Thailand, where it is the number one supplier of dairy ingredients.
Wilson says Fonterra was honoured to host Shinawatra and provide her, and the Thai trade delegation with a deeper understanding of their business, and the New Zealand dairy industry.
"Thailand's overall dairy consumption is still relatively low at 20kg per person per year, compared to the world average of 110kg. However, with its increasingly affluent population we expect the demand for dairy products to grow, which makes it an important country for our growth in Asia," says Wilson.
The Thai trade delegation included Deputy Prime Minister and Minister of Foreign Affairs, Surapong Tovichakchaikul and 20 Thai agri companies.
Prime Minister Christopher Luxon says the relationship between New Zealand and the US will remain strong and enduring irrespective of changing administrations.
More than 200 people turned out on Thursday, November 21 to see what progress has been made on one of NZ's biggest and most comprehensive agriculture research programmes on regenerative agriculture.
The a2 Milk Company (a2MC) says securing more China label registrations and developing its own nutritional manufacturing capability are high on its agenda.
Stellar speakers, top-notch trade sites, innovation, technology and connections are all on offer at the 2025 East Coast Farming Expo being once again hosted in Wairoa in February.
As a guest of the Italian Trade Association, Rural News Group Machinery Editor Mark Daniel took the opportunity to make an early November dash to Bologna to the 46th EIMA exhibition.
Livestock can be bred for lower methane emissions while also improving productivity at a rate greater than what the industry is currently achieving, research has shown.
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