Of the votes cast by 10am on June 8, it garnered only 63% of support among shareholders.
Voting is now underway at the special meeting. About 150 farmer shareholders are now voting.
It is highly unlikely to reach the 75% threshold.
VOTES cast before Fonterra's special meeting have fallen short of the 75% needed to ratify the changes.
Of the votes cast by 10am on June 8, it garnered only 63% of support among shareholders.
Voting is now underway at the special meeting. About 150 farmer shareholders are now voting.
It is highly unlikely to reach the 75% threshold.
Fonterra shareholders say they will be keeping an eye on their co-operative's performance after the sale of its consumer businesses.
T&G Global says its 2025 New Zealand apple season has delivered higher returns for growers, reflecting strong global consumer demand and pricing across its Envy and Jazz apple brands.
New Zealand's primary sector is set to reach a record $62 billion in food and fibre exports next year.
A new levying body, currently with the working title of NZWool, has been proposed to secure the future of New Zealand's strong wool sector.
The most talked about, economically transformational pieces of legislation in a generation have finally begun their journey into the statute books.
Effective from 1 January 2026, there will be three new grower directors on the board of the Foundation for Arable Research (FAR).