Fonterra's record forecast organic milk price
Fonterra has announced a record forecast opening organic milk price of $12.30/kgMS for the new season.
Former Primary Industries Minister and Fonterra board aspirant Nathan Guy believes his relationships with bureaucrats in Wellington will help the co-op’s farmers immensely.
With the agriculture sector facing more legislation around sustainable farming practices, Guy says his knowledge of “how Wellington works” will be helpful.
“I have long term relationships across the whole Parliament and also with senior officials and let’s face it, they are ones who write policy,” he told Rural News.
Guy, who retires from Parliament at next month’s general election, served as a National MP for 15 years and as Minister for Primary Industries for five years. He wants to be part of NZ’s largest company.
Last week, Guy and three others – sitting director Brent Goldsack, lawyer Cathy Quinn and corporate farmer Mike O’Connor were named as the four candidates by an independent Candidate Assessment Panel.
Quinn, who has 30 years’ experience as a commercial and corporate lawyer, narrowly missed
out on a board seat last year.
O’Connor is the majority shareholder of Spectrum Group, comprising eight farms, milking 8200 cows and producing 3.1 million kgMS.
Goldsack, a former tax and financial advisor, joined Fonterra’s board in 2017 and chairs the board co-op relations committee.
Fonterra shareholders can also self-nominate as candidates – provided they have the backing of 35 shareholders, who must sign their nomination form.
Waikato farmer Annabel Cotton has been confirmed as a candidate in the media.
Rural News understands at least one prominent Fonterra shareholder will confirm their candidacy this week.
The CEO of Apples and Pears NZ, Karen Morrish, says the strategic focus of her organisation is to improve grower returns.
A significant breakthrough in understanding facial eczema (FE) in livestock brings New Zealand closer to reducing the disease’s devastating impact on farmers, animals, and rural communities.
Farmer co-operative LIC has closed its satellite-backed pasture measurement platform – Space.
OPINION: The case of four Canterbury high country stations facing costly and complex consent hearing processes highlights the dilemma facing the farming sector as the country transitions into a replacement for the Resource Management Act (RMA).
The 2024-25 season apple harvest has “well and truly exceeded expectations”, says Apples and Pears NZ chief executive Karen Morrish.
Through collaborative efforts with exhibitors, visitors, and industry partners, Fieldays says it is reaffirming its commitment to environmental responsibility with new initiatives for 2025.
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