Displaying items by tag: Fonterra

The Dairy Industry Restructuring Act Amendment Bill is crucial to Fonterra and crucial to New Zealand, chairman Sir Henry van der Heyden said in his opening remarks to the Primary Production Select Committee yesterday.

POTENTIAL BRAND and reputation damage were the “defining issues” behind Fonterra’s decision to hold another TAF (trading among farmers) vote.

The Fonterra Shareholders Council supports the co-op board's decision to hold another vote on TAF.

Labour's primary industries spokesperson Damien O'Connor says the second TAF vote must be "comprehensive and democratic".

Fonterra shareholders will get a second vote on the proposed Trading Among Farmers (TAF) on June 25.

The South Island's last independent supplier of fluid milk says that permeate – a byproduct of milk processing which Fonterra admits routinely adding to their blue top products – makes milk less healthy and less tasty, and its use should be declared on the label.

A PETITION calling for a second vote on TAF (trading among farmers) is to be presented to Parliament by Fonterra farmers. Organisers say they are gaining overwhelming support but are running out of time to reach all farms.

Fonterra yesterday unveiled the next step in its strategy to build a high-quality, sustainable fresh local milk supply in China, announcing plans to invest $100 million to develop two new large-scale dairy farms in Hebei province.

Fonterra needs to sit closer to its customers and listen to their needs, because products are being invented that don't necessarily align with what customers want.

A Bill which oversees Fonterra's farm gate milk price setting and "aims to deliver a more transparent and efficient dairy market" according to Prime Industries Minister David Carter, passed its first reading in Parliament yesterday.