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Ousted Fonterra director Blue Read.
Ousted Fonterra director Blue Read says he is disappointed.
However, he "fully respects" the decision made by farmers.
"I was pleased with the support from farmers but not from the milk solids," he told Dairy News online.
Read was voted off by farmers in the co-op's director elections; Te Awamutu farmer and former National Foods chief executive Ashley Waugh is the new board member.
Chairman John Wilson and director Nicola Shadbolt were returned by shareholders.
Waugh joins the board at Fonterra's annual meeting in Waitoa today.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
Milk powder prices are keeping farmgate prices up, helping processors offset the dip in milk fat prices.
Climate, nature and animal wellbeing make up Fonterra's refreshed sustainability roadmap released last week.
Speculation of a possible joint move by Fonterra and a2 Milk to buy Synlait raises a much bigger strategic question, says agribusiness expert Dr Nic Lees.
Minister of Conservation Hon Tama Potaka has appointed Susan O'Regan as Chair of the Queen Elizabeth II National Trust (QEII) for a three-year term.
Red meat farmers are welcoming Labour’s plan to review the Emissions Trading Scheme and not to campaign on pricing agricultural emissions.
Where any worker in the kiwifruit industry is mistreated, we expect the authorities to take action.
Mid Canterbury Federated Farmers arable chair, Bevan Lill, said Beef + Lamb NZ data indicated that for the last six years, the average arable return on investment was about 0.8% while inflation ran about 4% - so the average arable farm was going backwards at about 3% a year.
Seed and grain companies share the concerns of arable farmers about the viability of their sector, says Seed and Grain New Zealand chief executive Dr Sarah Clark.
The New Zealand Institute of Forestry (NZIF) says unnecessary changes to New Zealand’s Emissions Trading Scheme (NZ ETS) will seriously erode investor confidence and result in significant reductions in forest planting rates.
OPINION: It seems Canterbury processor Synlait is still in the doldrums.
OPINION: Get offside with New Zealand First leader Winston Peters at your own peril.
