Was Fonterra caught napping in Australia?
Displaying items by tag: 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 Fonterra Shareholders' Council, which safeguards the interests of Fonterra's 10,500 farmer shareholders, says it remains fully supportive of the Trading Among Farmers (TAF) process.
Some Southland farmers will be “condemned to poverty” because of dairy conversions now requiring resource consent, says Southland’s Federated Farmers vice-president Russell McPherson.
Federated Farmers has conditionally backed changes to the Dairy Industry Restructuring Act (DIRA) and its Raw Milk Regulations. Its submission stresses that any change to the DIRA for Fonterra's TAF (trading among farmers) hinges on supplier-shareholder endorsement.
Following Federated Farmers Dairy Council last week, the federation's dairy executive and Fonterra board are to meet.
Fonterra farmers want the co-op to get on with TAF (trading among farmers), says chairman Henry van der Heyden.
Fonterra is turning to expert advisors in a bid to make sure its controversial TAF (trading among farmers) proposal ensures 100% farmer control and ownership.
FONTERRA IS on the slippery slope towards demutualisation and a board “update” on the cause, the Trading Among Farmers proposal, yet again failed to recognise this, says one of a growing number of shareholders calling for a second vote on the proposal.