Displaying items by tag: JOHN STEVENSON

Fonterra shareholders are concerned with a further decline in the co-op’s share of milk collected in New Zealand.

Fonterra's proposed sale of its global consumer business could fetch over $3 billion but not all proceeds will end up in the pockets of farmer shareholders.

The Fonterra Co-operative Council is looking for a farmer representative to sit on the Fonterra Milk Price Panel.

Fonterra farmers are keen to know what the co-operative's surprise divestment plan will deliver for them, says Co-operative Council chair John Stevenson.

Fonterra chair Peter McBride says the co-operative isn't thinking about offering farmers any financial incentives for lowering their on-farm emissions profile.

Fonterra Co-operative Council chair John Stevenson believes the co-op’s Scope 3 emissions target is achievable.

Fonterra shareholders are being urged to vote in the director elections where two incumbent directors are unopposed in their bid for re-election.

Fonterra farmers acknowledge that the forecast 2023-24 farmgate milk price range of $6 - $7.50/kgMS is well below break-even point for many of them.

Fonterra farmers have given the co-operative a thumbs up following an impressive full-year result.

Fonterra may need to provide additional support to cash-strapped farmers if the forecast milk price continues to fall.