Fonterra Whareroa sets cheese record, wins top award
Fonterra Whareroa wrapped up a successful season with a record-breaking cheese production volume and several gongs at the co-op's annual Best Site Cup awards.
Fonterra’s board has been reduced to nine - comprising six farmer-elected and three appointed directors.
Last year over 88% of voting farmer shareholders backed a board proposal to reduce the 11-member board to nine.
This year, three farmer-elected directors – chair Peter McBride, John Nicholls and Leonie Guiney retired by rotation. Guiney did not seek re-election after serving nine years on the board. McBride and Nicholls were re-elected unopposed.
Appointed director Clinton Dines has also retired after serving for nine years. He was replaced by Alistair Field, whose appointment was ratified by shareholders at the co-op’s annual meeting in New Plymouth yesterday.
Speaking at the meeting, McBride thanked Guiney and Dines for their time and energy.
“Your contribution to Fonterra has been significant, but in particular your focus on risk and balance sheet management has been invaluable as we have reset the business.
“If the measure of success for a director is leaving the organisation in better shape than you found it, then you have both unquestionably achieved that. Our Co-op is in good health.
“The sentiment we are receiving from farmers right now is overwhelmingly positive.”
Commercial fruit and vegetable growers are being encouraged to cast their votes in the Horticulture New Zealand (HortNZ) board directors' election.
A unique discovery by a Palmerston North science company, Biolumic, looks set to revolutionise the value and potential of ryegrass and the secret is the application of ultraviolet (UV) light.
A New Zealand company is redefining the global collagen game by turning New Zealand sheepskin into a world-class health product.
With further extreme weather on the way, ANZ Bank is encouraging farmers and business owners impacted by the recent extreme weather and flooding to seek support if they need it.
New Zealand must continue to educate Chinese consumers about the unique qualities of its red meat products and how they differ from competitors, says Silver Fern Farms chief executive Dan Boulton.
There are opportunities outside the farmgate for young farmers to further develop their skills, says 2025 Primary Industries Emerging Leader Award winner Bridie Virbickas.
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