Fonterra Names Four Independently Assessed Director Candidates
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has won its battle to get a limit on how long other large independent milk processors are entitled to access Fonterra milk.
Large processors who also buy milk directly from farmers will get a three-season limit for accessing regulated milk, the Government has decided.
Primary Industries Minister David Carter announced amendments to the Raw Milk Regulations, the rules by which independent milk processors can access raw milk from Fonterra.
The key amendments are:
• Large independent processors who collect a significant quantity of milk directly from farmers will have a three-season limit for accessing regulated milk;
• The total quantity of milk available under the Raw Milk Regulations will be set at approximately 5% of Fonterra's milk supply, as provided for in the legislation;
• A range of maximum quantities will apply to processors accessing milk under the Raw Milk Regulations in different months of the season to reflect the seasonal nature of milk production;
• Processors who do not take much, or any milk, directly from farmers will be able to pay a fixed price for milk accessed under the Raw Milk Regulations and will not be subject to the "wash-up" process at the end of the season.
"The regulations ensure dairy processors can access raw milk when they are starting up and aim to support competition in domestic dairy products," Carter says.
"The changes follow an extensive consultation and review process on how best to achieve a fair and efficient dairy market in New Zealand."
Carter says the new regulations will take effect on the first day of the next dairy season, from June 1, 2013.
Fonterra Co-operative Group has confirmed the independently assessed candidates standing for election to its board in 2026.
Fonterra has revised its Farmgate Milk Price forecast for the 2026/27 season, lifting the midpoint and narrowing the range on the back of improving global dairy commodity prices.
New Zealand's citrus growers were challenged to build their future on the value embedded in their fruit rather than the volume they produce, at Citrus New Zealand's annual gathering in Gisborne on 17 September.
Leading John Deere technicians and apprentices from New Zealand and Australians were recognised at the recent sixth annual JD Technician of the Year Awards, held in Brisbane.
In Dacre, near Invercargill in New Zealand’s South Island, Bruce Dinnington is running a dairy operation unlike any other.
A free online platform aggregating governance vacancies across rural and regional New Zealand has been launched.