Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
OPINION: The Hound notes how Fonterra proudly boasted about participating in Auckland's recent Pride Parade.
The dairy co-op even had its electric vehicle, Milk E, which apparently identifies as a real milk tanker, take part in the event.
This was alongside members from Fonterra's GLOW (Gay, Lesbian, or Whatever) community and their allies: "The annual Rainbow Pride parade is an opportunity to continue the legacy of creating visibility and pride for our LGBTQIA+ heroes. It is important to recognise that their advocacy, representation, and drive have paved the way forward for us all," a Fonterra media statement said.
All well and good, and very woke, but your old mate is not sure how Fonterra participating in the Pride Parade will help lift the falling payout to farmers or sell more dairy produce to our overseas customers.
China’s Ambassador Wang Xiaolong says bilateral economic and trade cooperation between China and New Zealand has made significant and rapid progress.
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.