Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
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.”
Federated Farmers is throwing its support behind the Fast-track Approvals Bill introduced by the Coalition Government to enable a fast-track decision-making process for infrastructure and development projects.
The latest report from ANZ isn’t good news for sheep farmers: lamb returns are forecast to remain low.
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.