Fonterra bosses’ mission to sell the $4.2b divestment plan
Fonterra chair Peter McBride, fellow directors and the management team, will front up farmer shareholders next week to explain the metrics around the proposed $4.22 billion divestment plan.
Zespri chairman Peter McBride is challenging employers in the horticulture sector to do more for young people in the industry.
McBride told 400 people at the Bay of Plenty Young Grower of the Year competition of the need to develop young people and bring them through the industry.
It has a lot of physical assets, but the most important is people, he says.
"In developing our young people we are creating equity opportunities for them. There are models out there for encouraging our young people to become owners; [we can] and give them opportunity in our businesses either with capital or by helping them to secure loans."
McBride says with horticulture and tourism the fastest-growing industries in NZ that creates a world of opportunity for young people -- in management, post harvest, orchard management and roles in Zespri and in the horticultural services sector.
And there is also plenty of scope for people to start their own businesses, he says.
"The business environment has never been better for young people to flourish and take opportunities. Most of these come in periods of difficulty or downturn so these are also periods of high risk. But they have to take the opportunity when it comes and push the boat out and hope the water stays in the harbour."
Like many manufacturers around the world, European agricultural machinery and tractor manufacturers are currently operating in a difficult market environment. But they are heading to the world’s largest agricultural machinery event in Hanover next month with a degree of cautious optimism.
Established in 2021, the John Deere Technician of the Year Awards champion the important contribution parts and service technicians make to the Australian and New Zealand agriculture, construction and forestry industries.
Beef + Lamb New Zealand (B+LNZ) is calling on farmers from all regions to take part in the final season of the Sheep Poo Study aiming to build a clearer picture of how facial eczema (FE) affects farms across New Zealand.
New Zealand is closer to eradicating bovine TB than ever before, but possums remain a threat, says Beef + Lamb New Zealand.
Foreign Affairs Minister Winston Peters has joined the debate around the proposed sale of Fonterra’s consumer and related businesses, demanding answers from the co-operative around its milk supply deal with the buyer, Lactalis.
The ACT Party says media reports that global dairy giant Nestle has withdrawn from the Dairy Methane Action Alliance shows why New Zealand needs to rethink its approach to climate.