Fonterra Elections 2026: Voting Opens Tuesday 20 October
Fonterra shareholders can begin voting on Tuesday 20 October in the 2026 Board of Directors’ election, a Co-operative Council election in one Ward, and seven Annual Meeting resolutions.
Westland says discussions with interested parties centered on a competitive milk price, milk pick-up and a fair value for co-op shares.
Chairman Pete Morrison won’t comment on unsuccessful bidders, saying “it was a confidential process”.
This month Fonterra confirmed that it held talks with Westland to find “a co-op solution”. But the talks broke down.
Morrison was asked if he could talk about discussions with Fonterra.
“The key for us is a guarantee that milk would be picked up from one end of the West Coast to another, a guaranteed competitive payout like the rest of NZ was getting and top value for our shares,” he says.
Fonterra chairman John Monaghan says it had “a very early discussion with Westland about finding a co-op solution to the position they found themselves in”.
“We weren’t able to progress and they went into another process.”
Monaghan expressed sadness at the “demise of another co-op” and said Fonterra would welcome any Westland suppliers willing to continue supplying milk to a co-op.
Federated Farmers has welcomed new rural policies released by ACT, saying they align closely with its own election priorities.
Rural Contractors NZ says proposed changes to land transport rules for agricultural vehicles are a welcome response by the Government to out of date regulations which have seen members hit with huge fines.
Alliance is calling for final applications for its 2027 Graduate Programme, with applications closing on Sunday 25 October.
Decades piloting planes has ensured vet and farmer David Hayes is focused on safety. So, after a serious accident while welding on farm, he is sharing his experience so others can learn from it.
Canterbury milk processor, Synlait Milk has confirmed Leon Fung as its chief executive officer.
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