Fonterra Cuts 2026/27 Milk Price Forecast to $9.25
Fonterra has reduced its forecast 2026/27 Farmgate Milk Price.
Maury Leyland, Fonterra's managing director of people, culture and safety, and member of Fonterra's Management Team has resigned for personal reasons.
Fonterra chief executive Theo Spierings says: "I want to thank Maury for her significant contribution and commitment to Fonterra over the past 11 years, she has really made a difference to our co-op.
"During this time Maury has been involved in some defining events for our co-op. Highlights include Maury's work on the launch of the Fonterra Shareholders' Fund, working closely with me on the development of our V3 strategy and developing a comprehensive people strategy to deliver to our ambition.
"Maury also stepped up to work closely on the WPC80 precautionary recall as spokesperson and lead of our response. More recently, Maury led our response to the 1080 contamination threat.
"I will miss Maury's support which has been invaluable to me, and on behalf of Fonterra, I wish Maury all the very best for the future.
"The process to appoint Maury's successor is underway," says Spierings.
Leyland's resignation is effective March 31.
Associate Agriculture Minister Mark Patterson says his party – NZ First - isn’t opposed to the “trade element” of a free trade deal with India.
The managing director of a company seeking to build a solar farm in Canterbury says receiving fast-track approval is a “really positive outcome”.
Retiring MP and dairy farmer Mark Cameron is blasting the Green Party for proposing to ban the use of synthetic fertiliser and cutting cow numbers.
A huge reduction in ACC claims from on-farm accidents over the last five years is due to thousands of small, practical decisions being made in sheds, yards, paddocks and around kitchen tables across the country, says Safer Farms ambassador Lindy Nelson.
Wayne and Ange Moxham of Horowhenua have just been named as Fonterra's top organic performer for milksolids. As well as providing organic milk to Fonterra, the couple also sell Udderly Organic milk to more than 100 outlets in the region and are embarking on another exciting venture producing organic gelato. Reporter Peter Burke went along to see their farming operation.
Certainty and a clear understanding of the needs of rural communities is a critical outcome in the series of government reforms that are taking place at present.
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