US remains important market - Fonterra
Fonterra says the US continues to be an important market for New Zealand dairy and the co-op.
Your old mate sympathises with the plight of the country’s dairy farmers and how the falling payout is impacting their financial stability.
However, the Hound suggests that while moves by Fonterra to save money and help returns to its shareholders is for the most part a good thing, some of its austerity measures border on penny-pinching stupidity. One example is the way it treats farmer members of the Shareholders Council. Despite the fact these councillors regularly fly from all parts of the country to meet at Fonterra HQ in Auckland, the dairy co-op does not stump up for Koru club membership. And when the councillors arrive at Auckland airport they then have to take a bus into town for their meetings at Fonterra’s head office ‘gumboot castle’!
Federated Farmers supports a review of the current genetic technology legislation but insists that a farmer’s right to either choose or reject it must be protected.
New Zealand’s top business leaders are urging the US Administration to review “unjustified and discriminatory tariffs” imposed on Kiwi exporters.
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.
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