Displaying items by tag: JOHN STEVENSON

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

Fonterra farmers are cutting costs on farm and expect similar discipline from their co-operative.

Fonterra is getting a clear message from farmer shareholders - don't burden them with new requirements and costs.

Fonterra farmers are up in arms about plans to review its Farm Source retail business that could reduce face-to- face interaction with shareholders.

Fonterra farmer shareholders always look to their co-operative to pay them the highest sustainable milk price, and understandably they ask questions when they see global differences in milk price, says Co-operative Council chair John Stevenson.

Farmers have been told that an opening forecast milk price of $8/kgMS this season hinges on China’s demand for whole milk powder (WMP) bouncing back.

John Stevenson took over as Fonterra Co-operative Council chair in November last year.

There is some unease among Fonterra's shareholder base as the co-operative sets out to tackle Scope 3 emissions generated by the business.

Fonterra farmers are picking up the tab of about 30 fellow shareholders forced to dry off due to damage caused by Cyclone Gabrielle.

New Fonterra Co-operative Council chair John Stevenson says there are plenty of challenges ahead for Fonterra farmers.