Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Anchor Light Proof milk bottles will soon appear on farms but you won’t find them in a fridge.
Fonterra has teamed up with Kiwi-owned start-up Future Post to turn milk bottles and other soft plastics into farm fence posts — from 100% recycled material.
Fonterra Brands New Zealand’s (FBNZ) sustainability and environment manager, Larisa Thathiah, says the posts are a step forward in farm sustainability.
“This provides farmers with an environmentally friendly fencing option made from the packaging of our farmers’ milk,” says Thathiah. “It’s [cutting] waste or at least turning it into something useful.”
The posts are expected to last at least 50 years.
The managing director of Future Post, Jerome Wenzlick, welcomes the support of Fonterra and he hopes the company will develop other sustainable products for farmers.
“We’re using waste that could have gone to landfill,” says Wenzlick. “This gives us access to a steady supply of raw material from the co-op’s own recycling initiatives, and to the network of nationwide Farm Source stores that can sell the fence posts.
“Future Post is a start-up, but we have plans for new products in 2019 including for non-farming sectors.”
The posts will go on sale in the new year in some Fonterra Farm Source stores in the North Island, and in South Island stores mid-2019.
Trade Minister Todd McClay says New Zealand has no intention of backing down in a trade dispute with Canada over dairy products.
There have been leadership changes at the Hamilton-based Dairy Goat Co-operative, which has been struggling financially in recent years.
Horticulture NZ chief executive Nadine Tunley will step down in August.
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Another 16 commercial beef farmers have been selected to take part in the Informing New Zealand Beef (INZB) programme designed to help drive the uptake of genetics in the industry.
Trade Minister Todd McClay says Kiwi exporters will be $100 million better off today as the NZ-EU Free Trade Agreement (FTA) comes into force.
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