Fonterra’s $3.2b capital return to farmers set to boost rural incomes and NZ economy
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
A DUTCH DAIRY veteran Henk Bles has been appointed to the newly-created role of managing director international farming ventures for an initial six-month period.
Bles has held leadership roles in the international dairy farming industry for more than 30 years, in dairy cattle, genetics and dairy development. He has also established his own businesses, Bles Dairies Livestock BV; Bles Dairies Genetics / Eurostar Genes; and dairy development company The Friesian.
He also holds an advisory position with Semex Global and is a board member for the Dutch Cattle Association.
Bles' appointment starts on April 14, for an initial six month period, with a global search underway for a permanent appointment.
This follows Fonterra's decision that the large scale farming operations of International Farming Ventures will become a standalone unit with full financial and operational accountability, reporting to the chief executive, Theo Spierings.
According to ASB, Fonterra's plan to sell it's Anchor and Mainlands brands could inject $4.5 billion in additional spending into the economy.
New Zealand’s trade with the European Union has jumped $2 billion since a free trade deal entered into force in May last year.
The climate of uncertainty and market fragmentation that currently characterises the global economy suggests that many of the European agricultural machinery manufacturers will be looking for new markets.
Dignitaries from all walks of life – the governor general, politicians past and present, Maoridom- including the Maori Queen, church leaders, the primary sector and family and friends packed Our Lady of Kapiti’s Catholic church in Paraparaumu on Thursday October 23 to pay tribute to former prime Minister, Jim Bolger who died last week.
Agriculture and Forestry Minister, Todd McClay is encouraging farmers, growers, and foresters not to take unnecessary risks, asking that they heed weather warnings today.
With nearly two million underutilised dairy calves born annually and the beef price outlook strong, New Zealand’s opportunity to build a scalable dairy-beef system is now.
OPINION: Voting is underway for Fonterra’s divestment proposal, with shareholders deciding whether or not sell its consumer brands business.
OPINION: Politicians and Wellington bureaucrats should take a leaf out of the book of Canterbury District Police Commander Superintendent Tony Hill.