Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
Your old mate notes that Greenpeace is challenging Fonterra to "prove that its massive use of palm products is not fuelling the enormous fires raging across Indonesia".
Apart from the ridiculous demand that Fonterra must prove 'it is not beating its wife', what really tickled this old mutt's interest was that the new NZ head of the eco-activist multi-national is none than one Dr Russel Norman. Yes, that would be the same Dr Russel Norman – who recently stood down as head of the NZ Green Party to take up the highly paid position at Greenpeace and was forever bagging Fonterra and the NZ dairy industry when he was an MP. It looks like dyed-in-the-wool (organic of course) Greenies never stop hating NZ's number one primary sector export earner. Yawn....
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.

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