Tuesday, 18 December 2012 10:37

Fonterra protection voted in

Written by 

Federated Farmers has welcomed the 89.51% vote in favour of constitutional safeguards around Trading Among Farmers (TAF).

"We can finally put the ghost of June's TAF vote to bed where the concept was backed but not the constitutional safeguards," says Willy Leferink, Federated Farmers Dairy Chairperson.

"A 89.51% vote is nearly as comprehensive as you can possibly get and Fonterra shareholders have shown good judgment.

"I think the focus of Fonterra shareholder-farmers can turn back to farming. The cooperative's board and management now have all of the tools they said they needed. The strength of this vote today needs to be taken on board by directors.

"Speaking of directors, we congratulate John Wilson and Professor Nicola Shadbolt being returned as directors. We also look forward to working with Blue Read after his election to Fonterra's board.

"As chairman, John Wilson now has a clear mandate with the baton firmly passed onto him from Sir Henry van der Heyden."

Lefering also congratulated the newly elected shareholder councillors too. "This includes my immediate past Federated Farmers Dairy vice-chairperson, Robin Barkla, as well as the immediate past Southland provincial dairy chair, Vaughan Templeton," he says.

"Federated Farmers wants Fonterra to be a success but we also want that for Westland, Tatua and companies like Miraka, Synlait and Open Country Cheese. In fact, the entire New Zealand dairy industry."

More like this

Featured

National

Machinery & Products

Farming smarter with technology

The National Fieldays is an annual fixture in the farming calendar: it draws in thousands of farmers, contractors, and industry…

RainWave set to cause a splash

Traditional spreading via tankers or umbilical systems have typically discharged effluent onto splash-plates, resulting in small droplet sizes, which in…

» Latest Print Issues Online

Milking It

Suitors line up

OPINION: As Fonterra's divestment of its Oceania and global consumer businesses progresses, clear contenders are emerging.

On the go

OPINION: After hopping from one event to another at Fieldays, Associate Agriculture Minister Andrew Hoggard would have been hoping for…

» Connect with Dairy News

» eNewsletter

Subscribe to our weekly newsletter