Fonterra, Sharesies join to make share trading easier
Fonterra is teaming up with wealth app provider Sharesies to make it easier for its farmer shareholders to trade co-op shares among themselves.
Two former Fonterra directors have been elected to the Cooperative Business New Zealand board.
Nicola Shadbolt and Greg Gent will join two others - Mike Brown of Marlborough Grape Growers Cooperative and Matthew Washington of Mitre 10 on the board.
Shadbolt has extensive governance experience and is an experienced advocate of the co-operative model.
A professor of farm and agri business management at Massey University, she is the current chair of Plant and Food Research Institute and a Climate Change Commissioner.
Gent, a Northland dairy farmer, joins with board with an extensive careeer in governance, spanning several decades across multiple sectors.
He is chairman of Southern Cross Health Society and is a past chair of Farmers' Mutual Group, past director of Fonterra, and works as a dairy farmer in Ruawai.
NZ Co-op Business chief executive Roz Henry says the combined experience of the new directors will be a great help to members.
"Their combined experience, knowledge and skills, covering a range of sectors and specialist knowledge will prove invaluable and greatly assist in pursuing the interest of our members, in particular working alongside our government and educators to support New Zealand member-owned business."
Divine table grapes that herald the start of a brand-new industry in Hawke’s Bay have been coming off vines in Maraekakaho.
In what appears to be a casualty of the downturn in the agricultural sector, a well-known machinery brand is now in the hands of liquidators and owing creditors $6.6 million.
One of New Zealand’s deepest breeder Jersey herds – known for its enduring connection through cattle with the UK’s longest reigning monarch, Queen Elizabeth II – will host its 75th anniversary celebration sale on-farm on April 22.
Rural trader PGG Wrightson has revised its operating earnings guidance, saying trading conditions have deteriorated since the last market update in February.
It's been a bumper season for maize and other supplements in the eastern Bay of Plenty.
Leading farmers from around New Zealand connected to share environmental stories and inspiration and build relationships at the Dairy Environment Leaders (DEL) national forum in Wellington last month.
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