Fonterra Announces Interim Leadership Changes Ahead of Richard Allen CEO Transition
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
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’!
New Zealand exports to the European Union have surged by $3 billion in two years under the New Zealand-European Union Free Trade Agreement.
A new joint investment of $1.2 million aims to accelerate farmer uptake of low-methane sheep genetics, one of the few emissions reduction tools available to New Zealand farmers.
The Food and Agriculture Organization of the United Nations (FAO) has issued a stark warning about the global implications of the ongoing Gulf crisis.
Fonterra has announced interim changes to the leadership of its Global Ingredients business.
New Zealand agritech company Halter has announced unveiled a new direct-to-satellite technology solution for its smart collars for beef cattle, unlocking virtual fencing for some of the country's most remote farming regions.
Dairy Women's Network (DWN) has announced a new limited edition DWN Monopoly NZ Dairy Farming Edition, created to celebrate the people, places and seasons.

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