$10 milk price still on
Whole milk powder prices on Global Dairy Trade (GDT) remains above long run averages and a $10/kgMS milk price for the season remains on the card, says ASB senior economist Chris Tennent-Brown.
Fonterra chairman Peter McBride says Leonie Guiney has made a significant leadership contribution to the co-op.
"While stepping down as a director, Leonie will remain a passionate and highly valued member of our co-op,” he says.
“A hard-working director, over the years she has chaired our safety and risk committee and been a member of the audit, finance and risk; co-operative relations; and people, culture and safety committees.
“She has also been a member of the milk price panel and served on the capital structure committee and divestment review committee.
“Always generous with her time and energy, Leonie made a personal sacrifice to give back to the co-op that she loves. We cannot thank her enough. I know Kieran and the family will be glad to get that time back, but I’m sure Leonie’s leadership qualities will not be lost to our industry,’’ says McBride.
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