Another Windfall for Fonterra Farmers, Unit Holders
Fonterra farmer shareholders and unit holders are in line for another payment in April.
Fonterra’s rural service subsidiary, Farm Source says farmer shareholders are adapting well to its new trading model under COVID-19 restrictions.
Thanks to COVID-19, Farm Source has closed all its stores: orders are placed online or over the phone.
Farmers can either collect their purchases outside the store or are dropped off at “zero-contact” collection point on-farm.
Farm Source head Richard Allen says the service has been well adopted by farmers across the country.
“Sales traffic was high in the first few days, which was not unexpected. Traffic has now reduced to more normal levels and aligned to more seasonal patterns.”
“Our phone-based service centre and online sales channel have come into their own: staff and farmers have adopted and respected this way of operating in a short period of time.”
Allen, who also looks after milk collection, says the co-op isn’t experiencing disruption or significant drop in production at this stage.
“Agriculture essential and prioritised in the lock-down for business continuity: farmers continuing to work hard on-farm and we are continuing to collect and process their milk.”
Jane Mellsopp has been confirmed as the new Government Appointee to the New Zealand Meat Board (NZMB).
To celebrate the tenth anniversary of its annual Good Deeds competition, Rabobank will give away $100,000 to improve rural community hubs, schools, clubrooms, and marae across New Zealand.
Agricultural and veterinary product supplier Shoof International has appointed Michaela Dumper as its new chief executive.
Federated Farmers is celebrating following the Government's announcement that young farmers will be able to use their KiwiSaver funds to buy their first home or farm.
The Meat Industry Association of New Zealand (MIA) today announced that Chief Executive Officer Sirma Karapeeva has resigned from the role.
The winners of the 2026 Hawke’s Bay/Wairarapa Dairy Industry Awards were announced at the annual awards dinner held at Copthorne Solway Park in Masterton on Thursday evening.