US remains important market - Fonterra
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
Former Fonterra Shareholder Council chairman Duncan Coull has been elected as the new chair for Fertiliser co-operative Ballance Agri-Nutrients.
Current Ballance chair David Peacocke is stepping down as a director in September 2020 at the Annual Shareholders Meeting (ASM) – with Coull taking up the post after the ASM.
Peacocke is a Waikato farmer and businessman. He has been a Ballance director since 2005 and was elected as chair in 2013.
Coull is an Otorohanga-based dairy farmer and was elected on to the Ballance board in 2018.
“Our relationships with everyone from shareholders and customers to suppliers and regulators are extremely important to the success of our company and the agricultural sector,” he says.
“Our farmers continue to adapt and rise to the challenge of increasing expectations of our consumers and communities, while at the same time making sure they are operating sustainably and optimising profitability.”
New tariffs imposed by President Donald Trump signal an uncertain future, but New Zealand farmers know how to adapt to changing conditions, says Auriga Martin, chief executive of Farm Focus.
A global trade war beckons, which is bad news for a small open economy like New Zealand, warns Mark Smith ASB senior economist.
Carterton's Awakare Farm has long stood as a place where family, tradition and innovation intersect.
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
Trade and Agriculture Minister Todd McClay says New Zealand's trade interests are best served in a world where trade flows freely.
New Zealand's red meat sector says it is disappointed by the United States' decision to impose tariffs on New Zealand exports.
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