Fonterra unveils divestment plan
Fonterra is exploring full or partial divestment options for its global Consumer business, as well as its integrated businesses Fonterra Oceania and Fonterra Sri Lanka.
OPINION: It's interesting to note that Dutch co-operative Arla Foods is paying its farmers billions for reducing their scope three emissions (that's greenhouse gas emissions generated behind the farmgate).
Fonterra farmers are waiting with bated breath on the co-op's plans to tackle scope three emissions in New Zealand.
With milk prices falling and farmers under financial pressure, Fonterra farmers are in no mood for extra costs or new requirements.
That's the dilemma facing the Fonterra board and management, and that may explain the delay in the co-operative coming out publicly with its scope three targets for farmer shareholders.
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.
The Ministry for Primary Industries (MPI) has informed staff it will cut 391 jobs following a consultation period.
New Zealand farmers are committed to making their businesses more resilient to climate change and are embracing innovation to help them do so.
Atiamuri farmers Paul and Lesley Grey never gave up their dream of owning their own farm – and in 2020, that dream came true.