Fonterra shaves 50c off forecast milk price
Fonterra has dropped its forecast milk price mid-point by 50c as a surge in global milk production is putting downward pressure on commodity prices.
Sitting Fonterra directors Donna Smit and Andy Macfarlane have been announced as two of the four independently assessed candidates for the 2019 Fonterra board elections.
The other two candidates are Philipp Haas and Cathy Quinn.
As re-standing directors, Smit and Macfarlane automatically go through to the ballot: Haas and Quinn were recommended by the Independent Selection Panel after their assessment process.
There are two different ways that shareholders can stand for the board – as Independently assessed candidates or as non-assessed candidates.
Nominations for non-assessed candidates, where farmers can stand as a candidate for the board with the support of 35 different shareholders, are now open. Nominations close at noon on Friday, 27 September.
The full list of candidates will be announced on Monday, 30 September 2019.
Voting Packs, containing candidate profiles, will be mailed to eligible shareholders on Tuesday, 15 October 2019. Shareholders can vote by internet or post, using the First Past the Post voting system. Voting closes at 10.30am on Tuesday, 5 November 2019 with the results being announced later that day.
For more than 50 years, Waireka Research Station at New Plymouth has been a hub for globally important trials of fungicides, insecticides and herbicides, carried out on 16ha of orderly flat plots hedged for protection against the strong winds that sweep in from New Zealand’s west coast.
There's a special sort of energy at the East Coast Farming Expo, especially when it comes to youth.
OPINION: The latest reforms of local government should come as no surprise.
The avocado industry is facing an extremely challenging season with all parts of the supply chain, especially growers, being warned to prepare for any eventuality.
Rural recycling scheme Agrecovery is welcoming the Government's approval of regulations for a nationwide rural recycling scheme for agrichemicals and farm plastics.
Despite a late and unfavourable start, this year’s strawberry crop is expected to be bountiful for producer and consumer alike.