Red faced
OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…
Fonterra Shareholders Council says the co-op's 45c drop in the 2015-16 forecast payout is a sobering blow to farmers.
Fonterra farmers were angry with the directive from the Shareholders Council to vote against a remit, says Greg Gent.
Fonterra farmers are looking forward to higher returns as a result of the co-op's capital expenditure.
Fonterra Shareholders' Council chairman, Duncan Coull, says record breaking efforts of shareholders saw 65% of farms, representing 73% of milksolids, cast their votes.
Shareholders will still have their say on the bid for the board reduction from 13 to nine members, say two sponsors of the proposal.
Having been raised on a 70-cow farm in Taranaki, Fonterra Shareholders Council’s new chairman Duncan Coull knows a lot about resilience.
The new chairman of Fonterra Shareholders Council, Duncan Coull, says the cooperative spirit will help farmers through the downturn.
Duncan Coull has been elected unopposed as chair of the Fonterra Shareholders Council, replacing outgoing chair Ian Brown.

OPINION: The Greens have taken the high moral ground on the Palestine issue and been leading political agitators in related…
One of the most galling aspects of the tariffs whacked on our farm exports to the US is the fact…