Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Guiney won the Fonterra board elections along with two sitting directors- John Monaghan and David McLeod.
She took up her new position at Fonterra's annual meeting in Palmerston North today.
Guiney, an outspoken farmer from Fairlie, South Canterbury, has attacked Fonterra policies in the past.
She told the meeting that despite having issues with Fonterra's management, farmer shareholders were committed to the co-op.
"They are committed as long as they get a hearing," she says.
She noted that was essential for the co-op to be open for "two-way engagement".
