increase font size
Fonterra says it has reservations regarding the Government's consultation document on agricultural emissions.
Fonterra says it has some reservations about the Government’s consultation document on agricultural emissions.
Fonterra chairman Peter McBride had told co-op shareholders that the Government proposal creates “an imbalance within the sector”.
McBride sent an email to shareholders after addressing a primary production select committee in Parliament this morning.
He told Fonterra farmers that Fonterra supports the intent of He Waka Eke Noa – a partnership of 13 members of the agriculture industry, including DairyNZ and Beef+Lamb NZ.
“It clearly aligns with our strategy of focusing on sustainable New Zealand milk.
“The Government has adopted some of the principles the HWEN partnership recommended, but its proposal differs on a number of key points.
“The primary sector worked on HWEN as a total package, to achieve equity on emissions reductions and pricing.
“The Government’s changes now create an imbalance within the sector that needs to be addressed during consultation.”
McBride says Fonterra will be seeking changes on these issues and working with DairyNZ to support farmers to engage in the process.
“It’s important that the final package works for the primary sector as a collective, so all voices need to be heard during the consultation process over the next six weeks.
“This is not a simple issue, and we acknowledge the unease it is creating in our rural communities.”
OPINION: There is zero chance that someone who joined Fonterra as a lobbyist, then served as a general manager of Fonterra's nutrient management programme, and sat on the board of Export NZ, a division of lobbyist group Business New Zealand, doesn't understand that local butter (and milk and cheese) prices are set by the international commodity price.
Kiwis love their butter, and that's great because New Zealand produces some of the best butter in the world. But when the price of butter goes up, it's tough for some, particularly when many other grocery staples have also gone up and the heat goes on co-operative Fonterra, the country's main butter maker. Here the co-op explains why butter prices are so high right now.
An A$2 billion bid for Fonterra's Oceania business would be great news, according to Forsyth Barr senior analyst, equities, Matt Montgomerie.
The world's largest dairy company may be in pole position to acquire Fonterra's Australian assets.
Over 85% of Fonterra farmer suppliers will be eligible for customer funding up to $1,500 for solutions designed to drive on-farm efficiency gains and reduce emissions intensity.
Fresh produce grower and exporter T&G Global has overturned last year’s dismal performance by reporting a half year net profit of $1.7 million.
One of New Zealand’s largest fertiliser plants could be forced to shut down for four months as uncertainty looms over gas supply.
Federated Farmers North Canterbury president Bex Green says two public meetings held this week should have made it loud and clear that rural families and businesses are concerned about proposed staffing changes at NZ Police.
The Environmental Protection Authority (EPA) is consulting on a proposal to ban weedkillers containing chlorthal-dimethyl (DCPA).
August 6 marks Farm Worker Appreciation Day, a moment to recognise the dedication and hard mahi of dairy farm workers across Aotearoa - and DairyNZ is taking the opportunity to celebrate the skilled teams working on its two research farms.
OPINION: The Government has been seeking industry feedback on its proposed amendments to a range of Resource Management Act (RMA) national direction instruments.
OPINION: Your old mate's ear has been chewed off recently by farmers voicing their displeasure with the National Party, particularly…
OPINION: Your old mate hears that at a recent China Business Summit, PM Christopher Luxon delivered a none-too-subtle "could try…
