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's Chinese partner Beingmate last month agreed to set up a joint venture to buy the co-op's Darnum, Victoria, plant.
In return Fonterra will use Beingmate's sales and distribution network in China to sell its Anmum branded formula.
Fonterra chief executive Theo Spierings said the global partnership with Beingmate holds growth potential for both companies.
"The partnership will create a fully integrated global supply chain from the farmgate direct to China's consumers, using Fonterra's milk pools and manufacturing sites in New Zealand, Australia, and Europe.
"By working with Beingmate we are creating additional demand for ingredients and high-value paediatric and maternal nutrition products."
Converting a longstanding cropping farm to dairy was the only way to ensure the land stayed in the family long term, says new dairy farmer Rod May.
As the election heats up, Organics Aotearoa New Zealand (OANZ) has launched its election scorecard designed to help voters wanting to support policies that grow organic and New Zealand's organic sector.
A 'tsunami' of milk from key exporting countries is winding down and this may be good news for New Zealand dairy farmers.
Will the good times last? That's one of the key issues to come out of the latest Federated Farmers confidence survey.
Outgoing Fonterra Co-operative Council chair John Stevenson says that it has been a privilege to represent the co-op's farmer shareholders.
Have a plan in place for your cows and staff.