Fonterra slashes forecast milk price, again
Fonterra has slashed another 50c off its milk price forecast as global milk flows shows no sign of easing.
Fonterra Shareholders Council chairman, Ian Brown has been re-elected unopposed for a third term.
Brown is looking forward to leading the council for another 12 months. "I appreciate the support I continue to receive from councillors," he says.
The council has a new deputy chair; Duncan Coull was also elected unopposed and takes up his new role on July 29 for a 12 month term.
Coull was elected to the council in 2010 to represent the Otorohanga ward; he also serves as the chair of the council's representation committee.
He replaces Philip Palmer who is stepping down from the role after two terms.
Brown praised Palmer's contribution as deputy chair.
"Philip's support was incredibly valuable during what was a pivotal two years for the council and our cooperative and I thank him for his hard work and dedication.
"I now look forward to working with Duncan and am confident he will do a great job for the council as we continue to work to improve Fonterra farmers' returns through effective monitoring and strong representation."
Environment Canterbury, alongside industry partners and a group of farmers, is encouraging farmers to consider composting as an environmentally friendly alternative to offal pits.
A New Zealand dairy industry leader believes the free trade deal announced with India delivers wins for the sector.
The Coalition Government will need the support of at least one opposition party to ratify the free trade deal with India.
Primary sector leaders have welcomed the announcement of a Free Trade Agreement between India and New Zealand.
At Pāmu’s Kepler Farm in Manapouri, mating has wrapped up at the across-breed Beef Progeny Test.
More than 150 people turned up at Parliament recently to celebrate the 20th anniversary of Horticulture New Zealand (HortNZ).