Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
The New Zealand Dairy Industry Awards has added ASB Bank to its national sponsor family.
NZDIA general manager Robin Congdon says ASB's sponsorship could not have come at a better time.
"More importantly, their resources and expertise in the dairy industry will help us achieve our goals of educating and driving what's important for the sustainability of dairy farming in New Zealand," says Congdon.
Aidan Gent, ASB general manager rural banking, says the next generation of farmers is crucial to the future prosperity of New Zealand's food and fibre sector, and the NZ Dairy Industry Awards are a fantastic recognition of dairy farmers.
"We are excited to be supporting them on their mission to celebrate the breadth of talent coming through the dairy industry as an integral part of New Zealand's economy.
"ASB has a proud history of supporting some of New Zealand's largest farmers, from the first steps of their farming career to where they are today - helping them to grow, diversify and future-proof their businesses, and we look forward to continuing to be a part of the journey for the next generation."
NZDIA Trust chair Paulette Johns says they are looking forward to the value ASB will bring to regional and national events "through discussions with entrants about what is important to them when lending to dairy farmers, through the tailored feedback they provide following individual on farm judging observations and through amplifying our efforts to share the great stories from our exceptional finalists with a wider audience".
The partnership also highlights ASB's ongoing commitment to supporting the dairy sector and driving excellence in one of New Zealand's most vital industries.
In addition to ASB, NZDIA welcomes training provider, Dairy Training Limited (DTL), who joins as an all-region sponsor, strengthening its support for entrants in the awards programme.
Long-term national sponsor Ecolab has agreed to continue its sponsorship for the next three years, solidifying its commitment to the dairy industry. They have been a highly-engaged sponsor since 1986, actively participating in all regional committees.
Ecolab's support has grown consistently over the years, with a special interest in the dairy trainee programme.
DeLaval returns as an all-region sponsor, further bolstering the awards programme and experience for entrants.
The awards programme includes New Zealand Share Farmer of the Year, New Zealand Dairy Manager of the Year, New Zealand Dairy Trainee of the Year and Fonterra Responsible Dairying Award categories and is supported by national sponsors ASB, CowManager, Ecolab, Federated Farmers, Honda, LIC, and Trelleborg, along with industry partners DairyNZ, Fonterra and MediaWorks.
Entries for the 2025 NZ Dairy Industry Awards opened on 7 October and will close on 8 December. Dairy farmers at all level are encouraged to entre to benefit from the learning experience, grow their careers and businesses, and connect with others in the industry. More information can be found at www.dairyindustryawards.co.nz
The Ashburton-based Carrfields Group continues to show commitment to future growth and in the agricultural sector with its latest investment, the recently acquired 'Spring Farm' adjacent to State Highway 1, Winslow, just south of Ashburton.
New Zealand First leader and Foreign Affairs Minister Winston Peters has blasted Fonterra farmers shareholders for approving the sale of iconic brands to a French company.
A major feature of the Ashburton A&P Show, to be held on October 31 and November 1, will be the annual trans-Tasman Sheep Dog Trial test match, with the best heading dogs from both sides of the Tasman going head-to-head in two teams of four.
Fewer bobby calves are heading to the works this season, as more dairy farmers recognise the value of rearing calves for beef.
The key to a dairy system that generates high profit with a low emissions intensity is using low footprint feed, says Fonterra program manager on-farm excellence, Louise Cook.
Rural retailer Farmlands has reported a return to profitability, something the co-operative says shows clear progress in the second year of its five-year strategy.
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