Survey shows most Fonterra farmers plan to use capital return for debt reduction
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Fonterra has copped a fair bit of stick from the Hound over the years. However, on this occasionyour old mate would like to give the dairy co-op some well-deserved praise.
It has changed a tanker collection time so that 35-year-old Andrew Oliver (one of about eight people in the world living with Fryns-Aftimos syndrome) can keep to his nightly routine of watching the tanker collect his dad Ken’s milk before going to bed at a decent time.
Apparently, Andrew, whose mental age is about six, would not go to bed until the milk tanker had been -- a problem when the collection time was 2am.
However, after his dad phoned Fonterra’s call centre to explain the family’s problem, the co-op decided to change its entire milk tanker schedule in the Te Rapa district to oblige.
BNZ says it is backing aspiring dairy farmers through an innovative new initiative that helps make the first step to farm ownership or sharemilking a little easier.
LIC chief executive David Chin says meeting the revised methane reduction targets will rely on practical science, smart technology, and genuine collaboration across the sector.
Lincoln University Dairy Farm will be tweaking some management practices after an animal welfare complaint laid in mid-August, despite the Ministry for Primary Industries (MPI) investigation into the complaint finding no cause for action.
A large slice of the $3.2 billion proposed capital return for Fonterra farmer shareholders could end up with the banks.
Opening a new $3 million methane research barn in Waikato this month, Agriculture Minister Todd McClay called on the dairy sector to “go as fast as you can and prove the concepts”.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.

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