A rollercoaster ride for Waikato dairy farmers
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Fonterra Chairman elect John Wilson says the launch of TAF and opening of the new Darfield site symbolises the strong future for the 100% farmer controlled and owned cooperative.
He says while Fonterra is a global company its roots have always been firmly planted in rural New Zealand, which is why the events were combined at Darfield.
"Both milestones will help the Co-op deliver on its strategy refresh announced earlier this year," says Wilson.
"Trading Among Farmers provides Fonterra with a stable capital base and creates the conditions of confidence for us to invest in the most productive areas to add value, grow our brands beyond existing positions and compete strongly in the most rapidly growing dairy markets in the world – South East Asia, Middle East and, of course, China," he says.
"Today for the first time in Fonterra's history, farmer shareholders are able to buy and sell shares among themselves on the Fonterra Shareholders' Market. At the same time, members of the public can now gain exposure to a New Zealand success story and the world's largest dairy processor by buying Units in the Fonterra Shareholders' Fund."
South Waikato farm manager Ben Purua’s amazing transformation from gang life to milking cows was rewarded with the Ahuwhenua Young Maori Farmer award last night.
Bankers have been making record profits in the last few years, but those aren’t the only records they’ve been breaking, says Federated Farmers vice president Richard McIntyre.
The 2023-24 season has been a roller coaster ride for Waikato dairy farmers, according to Federated Farmers dairy section chair, Mathew Zonderop.
Ministry for Primary Industries (MPI) director general Ray Smith says job cuts announced this morning will not impact the way the Ministry is organised or merge business units.
Scales Corporation is acquiring a number of orchard assets from Bostock Group.
Family and solidarity shone through at the 75 years of Ferdon sale in Otorohanga last month.
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