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Fonterra Shareholders Council chairman, Ian Brown and deputy chairman Philip Palmer have been re-elected for another term.
Brown says he appreciated the support he and Palmer have received from fellow councillors.
"I look forward to continuing to lead the council as we work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Their terms began last week and will run for 12 months.
OPINION: Your old mate reckons Fonterra and its dairy farmer shareholders may well be all cock-a-hoop about the prospects of a near $8 payout this year and one north of $8 next year.
Fonterra's wide forecast milk price range for the new season is realistic, says BNZ senior economist Doug Steel.
This season, up to 10 cents of Fonterra suppliers' milk payments will be determined by the farm's sustainability credentials and milk quality.
Fonterra recently announced a forecast milk price range for the coming season of $7.25 to $8.75 per kgMS, with a midpoint of $8.00 per kgMS.
The battle for milk in Australia has just got tougher for processors like Fonterra.
OPINION: University researchers in the UK believe that a cow will produce more milk if you give it a name.
OPINION: Auckland yoghurt maker The Collective claims it is the first New Zealand dairy yoghurt brand to offer a plant-based…
