Fonterra vote
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
Following two consecutive Global Dairy Trade (GDT) price rises this year, overall prices now sit at their highest since June 2023.
The worst of the current dairy price cycle may be over, claims Westpac senior agricultural economist Nathan Penny.
Global dairy prices are clawing back lost ground and farmers may need to thank the weather gods for this.
Dairy prices have fallen to three-year lows thanks to strong supply and weak demand, mainly for whole milk powder (WMP) from China.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.