Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Director candidates for the 2012 Fonterra elections will be announced on Tuesday, October 23.
The delay is due to a number of candidates having previous commitments which have pushed back the completion of the candidate assessment process.
Board of directors' candidates must now confirm their nomination with the returning officer by October 23, 2012.
Voting packs, containing candidate profiles, will be mailed to eligible shareholders on Monday, November 26, 2012. Shareholders can vote by internet, fax or post, using the Single Transferable Vote (STV) system.
The voting period is from Monday, November 26 until 10.30am on Saturday, December 15, 2012 with the results announced at the annual meeting on Monday, December 17, 2012.
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
New Zealand dairy farmers are set to be the first in the world to receive access to a new digital physical milk pricing tool that enables them to fix the price for their physical milk.
State farmer Pāmu is opening its farm gates this summer in an effort to give the rural sector the opportunity to see how large-scale, multi-system farming is delivering productivity and profitability across New Zealand.
A five-year study has found that the cost of reducing emissions without technology may be significant and unsustainable for Northland dairy farmers.
DairyNZ says Waikato farmers need certainty on Plan Change 1, but they say that certainty must be matched with practical, workable rules and a clear transition that doesn't get ahead of the new resource management system currently under review.
While the Government has moved quickly to make commercial hauliers' lot easier during the current fuel crisis, they appear to be stuck in the creep box when it comes to the agricultural industry.